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Have we reached peak pessimism on China?

©The Financial Times Limited 2020 Sep 11, 2023 / 11:14 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

The consensus now sees the country stagnating long term, but is missing more dramatic short-term scenarios

The trigger for a potential bounceback in China is less obvious, given that Beijing has been reluctant to spend heavily, apparently wary of amassing yet more debt.

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