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Is Chinas Growth Real and Sustainable
The author analyzes why it is possible for China to maintain high growth with reduction of energy consumption during the deflation period and suggest the way for China to absorb excess capacity and get out of the deflation. The author also discusses the prospect for Chinas long-term growth.
Link
http://www.eaber.org/intranet/documents/41/445/CCER_Lin_04_2.pdf