China’s richest areas including Shanghai (pictured) are set to continue hoovering up available funds following a shift in government policy last year. Photo: Xinhua
China’s richest areas including Shanghai (pictured) are set to continue hoovering up available funds following a shift in government policy last year. Photo: Xinhua

China’s economic imbalances laid bare by new figures showing the rich get richer, as poor provinces lag

  • Exporting powerhouse of Guangdong absorbed more funds than any other province in China last year, cementing its status as most dynamic economy
  • Disparity in regional funding partly due to shift in focus by China’s Communist Party, which now funnels money towards best performing economies

China’s richest areas including Shanghai (pictured) are set to continue hoovering up available funds following a shift in government policy last year. Photo: Xinhua
China’s richest areas including Shanghai (pictured) are set to continue hoovering up available funds following a shift in government policy last year. Photo: Xinhua
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