China is struggling to find money to retrofit hundreds of thousands of lifts in ageing apartment blocks as their residents also grow older, with increasingly parlous local finances making it hard to support a greying population.
In the 1980s and 1990s, millions of people moved from China’s vast rural hinterland to the cities to help power the country’s manufacturing boom. Authorities built concrete Soviet-style dormitories for these rural arrivals.
But decades on, these ageing migrants have found themselves on the wrong side of the property market downturn and worsening government fiscal health, leaving them unable to move into more modern apartments and struggling to get around their own buildings.
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