China's economic miracle isn't over yet

China's economic miracle isn't over yet

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While pundits not long ago were debating China’s rise, the emerging consensus is now heralding an end to the “China miracle.” China’s old model of credit-fuelled, investment-driven growth has been severely undercut by the real estate crisis, as well as weak consumption and export demand. But…

#consumption #beijing #peoplesbankofchina #centralcommittees #pointplan #yanliang #kremerchair #oregon #eastasiaforum #creativecommons

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