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The Long Soft Fall in Chinese Growth

Business Realities, Risks and Opportunities

David Hoffman and Andrew Polk
 

The Long Soft Fall in Chinese Growth

As recently as the fourth quarter of 2013, there were few detractors from an optimistic assessment of China’s prospects to achieve a “soft landing” and continue to enjoy relatively stable growth in the 7 to 8 percent range for the next 10 years and more. According to that baseline extrapolation...