Winston Mok - China’s economic miracle has a secret ingredient hiding in plain sight: unbalanced growth

Winston Mok describes why the US can't catch up. 

Like the US, China’s economic dynamism rests on the imbalance between the runaway successes of its coastal provinces and the laggards along its northern rust belt. The crucial difference? Beijing redistributes the fruits of economic success

SCMP

Winston Mok - China’s economic miracle has a secret ingredient hiding in plain sight: unbalanced growth