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Tuesday, 8 March 2016

How to View China’s Current Economy?

Despite slower growth and two parallel spirals weighing down the Chinese economy, its economic fundamentals are not that bad thanks to its high saving rate and relatively strong fiscal position. If the government can implement an appropriate policy mix and successfully promote creation and innovation, the economy can rebound and return to a slower but still inspiring growth path.

Yu Yongding, Former President, China Society of World Economics via CHINA US Focus http://ift.tt/1W5kPWe

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