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China will stay the course on growth

NewsDay Staff ·

FIVE years on from the start of the financial crisis, many countries now face new challenges as the world economy slowly recovers.

The Summer Davos Forum, which opens this week in Dalian, will be closely watched for signs of the state and strength of the Chinese economy, which finds itself at a crucial stage of transformation.

Observers ask whether China’s economic slowdown will lead to a sharp decline — or even a hard landing — and whether our reform programme will be derailed by complex social problems.

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