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3 months ago

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Opinion | Why China must waste no time in pivoting to a consumption-based economy

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Opinion | Why China must waste no time in pivoting to a consumption-based economy

Beijing must heed the lessons of Japan and Brazil, which in earlier decades ran heavily subsidised investment-based economies that collapsed because consumption had been hollowed out.

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Opinion | Why China must waste no time in pivoting to a consumption-based economy

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Opinion | Why China must waste no time in pivoting to a consumption-based economy

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