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China can still achieve economic growth of above 5% this year – PBOC advisor

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  • China economy can avoid ‘Japanification’

If the headline figure is the official tagline, then you can expect China to somehow “achieve” that as they always do. But how they do so and the details are something that will always be in the shadows. As for whether or not China can steer clear of falling into the same pit as Japan, it will remain to be seen in the decades to come. But for now, the demographics trend certainly is not encouraging.

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