Lessons From A Zhejiang Rebound

Lessons From A Zhejiang Rebound by Ryan Rutkowski, Matthews Asia Recently, China released its second quarter 2015 economic data showing GDP growth of only 7%. Although this points to faster growth than almost any other world economy, it also reflects a continued gradual slowdown in its pace of growth. Various local authorities also released accompanying regional data, which I found to be much more interesting. Why? China is still a country with large regional differences so the reality can be more nuanced than what is highlighted on a national level. What struck me the most from the regional data were…