China's post-pandemic recovery has severe regional imbalances - survey

COVID-19 | While China’s coastal provinces and major cities are recovering from the coronavirus pandemic, firms in its poorer western and central provinces are falling well behind in metrics like output and sales revenue, a private survey showed on Thursday.

The majority of firms are recovering far more slowly than those in wealthier areas around Beijing, Shanghai and Guangdong, said a report from China Beige Book International (CBB)...