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 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

Topic |   China economy
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 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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