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China's New Economic Frontier: Overcoming Obstacles to Continued Growth

China's economy is at a pivotal moment, as it faces both imminent and long-term challenges that may significantly hamper the robust growth it has enjoyed in recent decades. Income inequality, increased debt, an aging population, shrinking labor force, and a slow transition from manufacturing to services risk threatening the country's social and economic stability. China's continued economic growth is an essential part of the Chinese Dream, President Xi Jinping's vision for the reemergence of Chi

Source: Peterson Institute (PIIE)