EconomyShenzhen, China's 'city of young migrants,' at point of inflection
First ever population drop in 2022 as COVID-19 and new policies take toll
Coming to Shenzhen was once a pathway to success, but COVID-19 and overpopulation have dulled the city's promise. (Photo by Takashi Kawakami)
TAKASHI KAWAKAMI, Nikkei staff writer
GUANGZHOU, China -- China's city of Shenzhen, home to the country's first special economic zone, may have begun to lose its luster. Its population decreased for the first time in 2022, in part because of the COVID-19 pandemic, but also as a result of changes in local government policies.