China's economic growth has slowed in recent years. Maturity is a possible explanation: countries that have already moved out of extreme low incomes have a harder time growing rapidly. Looking at the Four Tigers' experience, it is very unlikely that China will return to double-digit growth rates.
China's economic growth has slowed in recent years. Maturity is a possible explanation: countries that have already moved out of extreme low incomes have a harder time growing rapidly. Looking at the Four Tigers' experience, it is very unlikely that China will return to double-digit growth rates.
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