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China's regions show big economic divergence
Provinces reliant on traditional industries report weak or no growth
Published Fri, Aug 5, 2016 · 09:50 PM
Beijing
CHINA'S regional economies showed a marked divergence in performance in the first half of 2016, with provinces reliant on steel making and mining reporting weak or no growth, but some larger cities thriving.
The recently released provincial growth figures highlight growing imbalances in China as the government tries to restructure the economy from a dependence on heavy industry and exports to one that is powered more by domestic consumption.
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