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Economy could be stuck in neutral

( China Daily ) Updated: 2015-05-04 07:06:44

Overview: Ed Zhang

Like it or not, China's economic slowdown is beginning to bite, and it is in industry, manufacturing in particular, where the pain is being felt most.

Still, this is no bad thing if it helps the country phase out uncompetitive industries. But if the government were unable to come up with good policies to promote services to meet future demand, the economy would be stuck in its transition phase.

Economy could be stuck in neutral

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