China's 'loss-making deals': Resettlement in Daliang Mountains, new life for young generation
By: Global Times | Published: Jul 16, 2026 09:11 PM
For decades, people in many remote corners of Liangshan, Southwest China's Sichuan, were trapped behind rugged paths and a life of sheer hardship. But a resettlement program, costing over 3.1 billion yuan ($440 million) has changed all that. From a business standpoint, this is a "loss-making deal," but it has ...