China’s Irresistible Rise
When China released its official economic data for 2017, many commentators quibbled about the data's reliability. But what they should have been talking about is China's undeniable importance to the global economy, which is becoming increasingly reliant on China's transition from industrial production to domestic consumption.
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LONDON – China’s recently released GDP data for 2017 confirm it: the country’s dramatic rise, with the concomitant increase in its global economic relevance, is not slowing down.