China's unraveling economic model has wider implications

07/22/2013 | LiveMint.com/The Wall Street Journal (India)

China may be reaching a crunch point at which rising labor costs and lingering overinvestment under its previous rapid-growth model undoes its economy, economists say. If so, the implications may resonate across Asia, with China offloading low-grade manufacturing and the country's reduced need for raw commodities providing some relief in the cost of imports.

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LiveMint.com/The Wall Street Journal (India)

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