A view of Shenzhen from the observation deck of the Ping An Finance Centre on August 15. Shenzhen was one of the first special economic zones established in China in 1979, and has more than fulfilled its mission as a growth engine. Photo: Bloomberg A view of Shenzhen from the observation deck of the Ping An Finance Centre on August 15. Shenzhen was one of the first special economic zones established in China in 1979, and has more than fulfilled its mission as a growth engine. Photo: Bloomberg
A view of Shenzhen from the observation deck of the Ping An Finance Centre on August 15. Shenzhen was one of the first special economic zones established in China in 1979, and has more than fulfilled its mission as a growth engine. Photo: Bloomberg
Winston Mok
Opinion

Opinion

The View by Winston Mok

China’s economic miracle has a secret ingredient hiding in plain sight: unbalanced growth

  • 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

Winston Mok
Winston Mok

Updated: 5:41am, 9 Oct, 2019

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A view of Shenzhen from the observation deck of the Ping An Finance Centre on August 15. Shenzhen was one of the first special economic zones established in China in 1979, and has more than fulfilled its mission as a growth engine. Photo: Bloomberg A view of Shenzhen from the observation deck of the Ping An Finance Centre on August 15. Shenzhen was one of the first special economic zones established in China in 1979, and has more than fulfilled its mission as a growth engine. Photo: Bloomberg
A view of Shenzhen from the observation deck of the Ping An Finance Centre on August 15. Shenzhen was one of the first special economic zones established in China in 1979, and has more than fulfilled its mission as a growth engine. Photo: Bloomberg
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Winston Mok

Winston Mok

Winston Mok, a private investor, was previously a private equity investor. He held senior regional positions with EMP Global and GE Capital, and was a McKinsey consultant and initiated its China practice. Winston obtained his bachelor and master degrees from MIT.