YANCHENG, China—China’s slowdown is worsening, with key labor-intensive industries that the government has counted on for employment and output getting pinched and making a turnaround harder to engineer. The downturn that began last year and deepened in recent months is cutting a swath through this dusty industrial city just north of the Yangtze River. The auto-parts, textiles and other industries that drove years of growth in this city of seven million are now sputtering, weighed down by rising costs, heavy debt loads as...

Source: Wall Street Journal January 21, 2019 15:45 UTC