Cary Huang
Cary Huang
Opinion

SCMP Columnist

Sino File by Cary Huang

China must redirect its state-led capitalism to reverse its downward economic trend

  • Although headline growth decelerated in the second quarter, several key activities rebounded in June, with some key indicators surpassing expectations
  • However, many economists have warned that the June spike will almost certainly not translate into the beginning of a new upward trend as the gains are not sustainable, writes Cary Huang

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