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China is reforming to move from investment-driven to consumption-driven growth. Progress however remains limited. Rebalancing of the Chinese economy is at the forefront of many policy debates, because of the impact it will have on the Chinese economy itself, but also on the global economy. In this article, Atradius focuses on the why and how of China’s change in growth strategy. They argue that the progress on rebalancing is still limited and that risks have mounted due to the credit-intensive nature of investment growth in recent years.

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