Facts For Liberty: Least regulated Chinese province also most wealthy

By Rasmus Brygger

We here at Students For Liberty want to share some of the many success stories of liberty worldwide, so we have launched a series of “Facts For Liberty” in an attempt to tell you just why we think that liberty is the way to solve many of the world’s problems.

The story we’re trying to tell here isn’t about how one reform suddenly turned everything alright – many of the countries mentioned still have many issues – but rather that a little good can come out of trusting each other and believing that the market and the communities are able to solve problems better than centralized agencies and politicians. Feel very free to share these facts on social media or print them out and use them on campus for tabling purposes.

China’s Zheijiang province is both the most free-market and  wealthiest province in China

While China might not be the most free country in the world, they have still come a long way from where they used to be. Such a large country of China has, of course, large differences between various provinces. Not surprisingly, the most prosperous province is also the least regulated.