China needs a new growth model
- Posted on July 28, 2026
- By Financial Times
- 1 Views
- 1 min read
China faces mounting economic pressures requiring a fundamental shift from export-driven manufacturing toward domestic consumption and innovation. The nation's traditional growth strategies are becoming unsustainable due to demographic challenges, rising labor costs, and market saturation. Transitioning to a sustainable economic model benefits not only Beijing's long-term prosperity but also stabilizes global markets and international trade relationships.
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