HONG KONG — China’s economy faces major structural challenges in the coming years, but for now, the slowdown of the recent past may have bottomed out.
A new batch of economic data released Friday provided additional signs of buoyancy in an economy that has been weighed down by lackluster international demand. The Chinese government has also taken a tough-love approach, eager to wean the country from its reliance on exports and cheap credit.
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Bettina Wassener, The New York Times via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/TYPcW9FoZSA/
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