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Peak China or New China with Keyu Jin and Jörg Wuttke

State of Asia

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China's Economic Challenges and Potential

The chapter discusses the factors contributing to China's economic malaise, including the decline in the real estate sector and the post-pandemic long recovery. It challenges the Western common perceptions about peak China and emphasizes China's potential with a large middle-income population and innovation in cutting-edge technology. The chapter also highlights the importance of economic and potential political reforms in overcoming these challenges.

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