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Published in:
2020 | OriginalPaper | Chapter
1. New Normal Brings New Opportunities
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Abstract
Much discussed nowadays, China’s “new normal” has to be traced, logically and virtually, back to the point at which its economic growth began to slow down. For more than ten quarters, China’s growth rate has remained below the annual average of the past 35 years and is likely to decline further. Like it or not, economic deceleration has become the inevitable—and a major issue for discussion.