Looking at the GDP growth slow-down, the China’s exponential increase seems to have suffered a real standstill in recent times. It can be seen also from the major international newspapers reporting the news as the “end of a high-growth heyday”.

 

But, after further analysis, it is easy to understand that the question as presented is partial and approximate: the economic situation of a country as big as China cannot be summarized in a sole data, unfit in itself to reflect the varied, and often conflicting, realities of the different Chinese regions. Neither the GDP of the most known regions are able to provide a comprehensive picture.

Just thinking about the radical change in growth rates that involved the country between 2005 and 2010 and was due to the government’s wish to create an “harmonious society” characterized by higher uniformity. In 2010, as a result of the initial government investments, these rates have become much higher in the inland provinces and in the secondary ones (Hebei, Shanxi, Guangxi, etc.), rather than in the prosperous and productive coastal zone (Beijing, Tianjin, Shanghai, etc.) and the current GDP growth slow-down in these areas is only the proof of its stabilization.

 

However, the deceleration of the Chinese expansion, was already predicted by the Government who had announced the reduction of the economic growth target and was also – in any case – to be considered natural.

Thus, the Chinese’s GDP decrease should be considered as the result of the normal adjustment process that involves the developing countries when they reach an higher maturity stage and so move from an high-speed GDP growth to a medium-speed one.