China can't afford to muddle through in 2015

Faced with a concealed debt problem, slowing growth in household wealth and a struggling private sector, it's clear Beijing cannot simply sit on its economic laurels.

Last Friday, Business Spectator carried an article by China Spectator editor Peter Cai on what we can expect from our largest trading partner in 2015 (What can we expect from China in 2015?, January 16). The sensible conclusion of that piece was that ‘muddling through’ was the likely outcome.

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