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How slow will China go? Its neighbours offer valuable clues
Business, Lee Jong-wha, Published on 25/07/2016
ยป China's economic performance over the last few decades has been outstanding. Despite possessing very different institutions than those seen in the advanced economies, no doubt a result of its communist system, China managed to achieve 8.7% average annual per capita GDP growth from 1980 to 2015. The key has been its unique strategy of "crossing the river by feeling the stones," whereby it has gradually tested, implemented, and adjusted reforms and growth-enhancing policies.
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