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Striking a balance
HOME > PAST ISSUE > SPECIAL REPORT [Premium content]January 2007
In 2007, China must confront concerns about unsustainable growth and do more to meet the needs of those left behind in the pursuit of economic expansion at any cost
Twelve months ago, China added US$285 billion to its undervalued GDP and, just like that, hopped to number five in the global economic rankings. It also moved five years closer to replacing the US as number one.
This set the tone for a 2006 that was, like other years before, dominated by the China growth story. But this time it came with words of warning: a growth model overly dependent on investment and exports is not sustainable, economists said. Consumption must play a greater ...
This set the tone for a 2006 that was, like other years before, dominated by the China growth story. But this time it came with words of warning: a growth model overly dependent on investment and exports is not sustainable, economists said. Consumption must play a greater ...
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