How Cities Are Saving China
The threat of a trade war may not be good news for China, but it will not bring down the economy. The real challenge China faces is how to take advantage of dynamic urban clusters to generate growth and address structural challenges in financially and environmentally sustainable ways.
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HONG KONG – The world has a demand problem, and it is dealing with it all wrong. Rather than allowing itself to be harmed by other countries’ problematic policies, China must work to create its own demand by making full use of its capacity for policy experimentation, long-term planning, and pragmatic decision-making.