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Boosting consumption has been a policy strategy for rebalancing the Chinese economy. The official statistics, however, show persistently declining consumption as a share of GDP during the past decade. In this paper, we provide a more complete picture of Chinese consumption by piecing together...
Persistent link: https://www.econbiz.de/10011009824
, a level that China should achieve by or soon after 2015. Among our more provocative findings is that growth slowdowns …
Persistent link: https://www.econbiz.de/10011009842