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The book examines China's transition from a period of rapid economic growth to a phase of necessary rebalancing due to increasing debt and internal distortions. It discusses the challenges Beijing faces in restructuring its economy and explores potential strategies for navigating this complex transformation. The focus is on the critical decisions that must be made to ensure sustainable economic development moving forward.
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Avoiding the Fall, Michael Pettis
- Language
- Released
- 2014
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- (Paperback)
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