The Good, The Bad and The Ugly in China's Provincial Economies

  • Services and consumption boost economic growth at local level
  • Growth unadjusted for deflation poses challenge to companies

A large area of new apartment blocks have been built around the Luoyang Longmen High Speed Railway Station, which was once rural farmland.

Photographer: Zhang Peng/LightRocket via Getty Images

China’s leadership is signaling a new growth minimum for the nation of 6.5 percent. At the local level, what that means depends on where you sit. A closer look at the most recent data shows diverging conditions across China’s 31 regions, from the booming southern beach resorts to the northeast’s rust belt.

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