Location. Location. Location. Economic Growth Depends on Where You Are

In 2015, China’s growth was again at the center of international headlines, but the focus was instead on the slowdown of the world’s second-largest economy. Much has been made of China’s adjustment to the “new normal,” even as US-China Business Council (USCBC) companies reported that China remains a priority market that delivers more growth than most other markets around the globe. But China is not a monolith, and local-level growth patterns suggest the emergence of the new model.

Nick Marro and Chenjun Ye via CHINA US Focus http://ift.tt/25v9vb6