More pain to come for China’s economy
Joe Leahy, Cheng Leng and Andy Lin
Beijing/Hong Kong | After one of the toughest years for China’s economy and its investors, the country’s central bank governor had a sobering message: there may be more pain to come.
Speaking to bankers in Hong Kong last week, Pan Gongsheng warned that the country’s economy was embarking on a “long and difficult journey” away from its traditional growth engines of property and infrastructure investment.
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Financial Times
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