People visit a shopping area in Beijing on October 14. China’s days of double-digit GDP growth are probably over, and it must contain its debt risks to manage this trend of slowing growth. Photo: AFP People visit a shopping area in Beijing on October 14. China’s days of double-digit GDP growth are probably over, and it must contain its debt risks to manage this trend of slowing growth. Photo: AFP
People visit a shopping area in Beijing on October 14. China’s days of double-digit GDP growth are probably over, and it must contain its debt risks to manage this trend of slowing growth. Photo: AFP
Prof Zhang Jun
Opinion

Opinion

Macroscope by Prof Zhang Jun

China must tap the potential of its huge domestic market for economic growth to become a truly modern nation

  • To reach its centenary goal of being a ‘great socialist country’, China needs another three decades of strong growth. This is possible only if it transforms its growth model to spur a sharp and sustainable increase in home-grown demand

People visit a shopping area in Beijing on October 14. China’s days of double-digit GDP growth are probably over, and it must contain its debt risks to manage this trend of slowing growth. Photo: AFP People visit a shopping area in Beijing on October 14. China’s days of double-digit GDP growth are probably over, and it must contain its debt risks to manage this trend of slowing growth. Photo: AFP
People visit a shopping area in Beijing on October 14. China’s days of double-digit GDP growth are probably over, and it must contain its debt risks to manage this trend of slowing growth. Photo: AFP
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