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China Daily | Updated: 2012-09-14 09:47
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"It's inevitable that China's economy will grow more slowly in the next three to four years, but I don't expect the slowdown to continue for a decade."

Li Daokui

, former adviser to China's central bank, forecasting that the country's economy will bottom out in the third quarter and pick up in the first or second quarter of next year because of recently announced government investment plans.

"The challenge and the key are to keep providing good-paying jobs to Chinese people and focus on education and technology."

Gary Locke

, US ambassador to China. The US welcomes more Chinese investment, and there is virtually no sector that is off-limits to Chinese investors, he said.

"This could be a problem for China, as foreign investment brings capital and new technology to China. The Chinese government should modify its policies to attract more foreign capital."

Robert Mundell, Nobel laureate and "father of the euro", saying that China should lower corporate tax rates to ease the burden on businesses and offset the rising cost of labor and materials.

(China Daily 09/14/2012 page14)

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