What can we expect from China in 2015?

2015 is set to be another testing year for Chinese policymakers who are trying to push through a host of difficult reforms without bringing about a hard landing.

The world economy reached an interesting turning point in 2014, when China overtook the United States as the world’s largest economic power as measured by purchasing power parity. But this event has received little attention, and most of commentators have dismissed the historic significance of the passing of baton from the US to China.


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