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Winston Mok describes why the US can't catch up. Like the US, China’s economic dynamism rests on the imbalance between the runaway successes of its coastal provinces and the laggards along its northern rust belt. The crucial difference? Beijing redistributes the fruits of economic successSCMPWinston Mok - China’s economic miracle has a secret ingredient hiding in plain sight: unbalanced growth
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Winston Mok describes why the US can't catch up. Winston Mok describes why the US can't catch up. Like the US, China’s economic dynamism rests on the imbalance between the runaway successes of its coastal provinces and the laggards along its northern rust belt. The crucial difference? Beijing redistributes the fruits of economic successSCMPWinston Mok - China’s economic miracle has a secret ingredient hiding in plain sight: unbalanced growth
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Like the US, China’s economic dynamism rests on the imbalance between the runaway successes of its coastal provinces and the laggards along its northern rust belt. The crucial difference? Beijing redistributes the fruits of economic success
SCMP