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Recent policy signals indicate that "re-balancing" the Chinese economy away from investment and manufacturing towards consumption and services is no longer a priority.
Policymakers now believe that high investment and manufacturing shares of GDP are necessary for achieving techn...

 

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CHINA: The era of economic re-balancing is over

Recent policy signals indicate that “re-balancing” the Chinese economy away from investment and manufacturing towards consumption and services is no longer a priority. Policymakers