China’s economy is slowing, and Premier Wen Jiabao suggests that this was both inevitable and beneficial. Whether or not Wen is right, the Chinese authorities have much work to do in laying the groundwork for strong economic performance in the medium and long term.
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BEIJING – The slowdown of China’s economy has captured the headlines in recent weeks. Whether it is a permanent or temporary adjustment, the Chinese authorities have much work to do in laying the groundwork for strong economic performance in the medium and long term.