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ReducingChina'sdependenceonexportsisalsopartofalargerstrategytorebalancetheeconomytow...
Reducing China's dependence on exports is also part of a larger strategy to rebalance the economy towards a more consumption-driven growth model, and to direct capital investment towards more advanced manufacturing and services industries. In the long run these structural changes would render China less vulnerable to a global slow down, while insulating the economy from the risk of a protectionist backlash in the US or elsewhere.
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