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future. China has enjoyed high annual GDP growth rates of about ten percent in the last 25 years. Exports and investment were …This paper analyzes China's economic performance in the last 25 years and discusses its prospect for growth in the …
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China's current account surplus has declined to around a quarter of its pre-crisis peak. While this is a major … reduction in China's external imbalance, it has not been accompanied by a decisive shift toward consumption based growth …. Instead, the compression in the external surplus has been accomplished through fixed investment rising even higher as a share …
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