Economics

The Diverging Fates of China's Provinces

As the tide goes out, not all boats are floating like before
Lock
This article is for subscribers only.

From the biting-cold northeast bordering Siberia to the humid southwest next to Thailand, China's growth rates are diverging almost as much as its geography.

While the world's second-largest economy slowed to a 7.4 percent expansion last year -- just squeaking into the communist government's "about 7.5 percent" target range -- regional data presents a fractured landscape more akin to Europe's than the rising-tide-floats-all-boats numbers we're used to from China.