中國經濟

China’s rebalancing challenge

How hard will it be for China to move away from an industry and investment-led growth model to one more driven by the services sector and consumer spending?

Very hard, if events in China’s northeastern region are anything to go by.

The three provinces that make up the country’s northeast — Heilongjiang, Jilin and Liaoning — were the poster boys for China’s industry and investment-led growth model.

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