China’s leaders are in the throes of an unusually edgy transition. So is the economy. Whether it has a “hard” or “soft” landing, China is bound to become less investment and credit-centric.
中國領導層正在經歷異常不平穩的權力交接之痛，而中國經濟同樣也在艱難轉型。不管是“硬著陸”還是“軟著陸”，中國經濟對投資和信貸的依賴都將減少。
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