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China's top leaders meet in Beijing to chart the future course of the economy. Growth rate is expected to be more L shaped than V shaped as the target for growth is lowered to 6.5%. Large stimulus is ruled out. And efforts will be made to reduce industrial overcapacity, better allocation of resources away from housing to increase domestic consumption, improving access to medical care, education and other quality of life improvements.
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China Unveils Economic Blueprint for 2016
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Wall Street Journal 03.07.2016
The Problem With China’s Economic Growth
WSJ 07.17.2017
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