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Do you agree with the given statement

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Some commentators on the Chinese economy have argued that the opportunities for investment-based growth have run their course and that major problems of underutilized capital equipment and unemployment of workers are inevitable, especially when the global economy slows down, unless the Chinese government switches from a strategy of investment-led growth to domestic market based growth on consumption expenditure. Do you agree with the above statement?

Reference no: EM13839140

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