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Economy

China's 'North-South divide' to worsen as COVID hits economy

Oil prices and state-owned companies in northern regions hinder growth

The economic divide between China's lagging north and thriving south is widening fast. (Source photos by Ken Kobayashi and Akira Kodaka)

BEIJING -- The economic divide between China's lagging north and thriving south is widening fast, complicating macroeconomic and monetary policy.

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