China’s uneven coronavirus recovery inflames economic divide between north and south

Source: South China Morning PostThe coronavirus pandemic has reinforced economic divisions among China’s 31 provincial-level jurisdictions, with southern provinces showing a strong first quarter rebound while northern regions struggled to recover.The regional imbalance, together with the uneven recovery in the service sector and among small businesses, could pose a threat to Beijing’s “dual circulation” strategy, which seeks to reduce the nation’s reliance on exports and rely more on its huge domestic market to power future…Read More

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