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China can withstand economic headwinds

By Xu Gao | China Daily | Updated: 2019-07-16 07:29

Despite downside pressure, the Chinese economy is expected to remain stable in the second half of this year. The year-on-year GDP growth rate for 2019 is expected to be no lower than 6.2 percent.

Several factors will help China withstand headwinds from global slowdown and other external instabilities.

First, as the country is a developing economy with lots of weak links, investments in numerous areas still offer prospects of relatively high returns.

China can withstand economic headwinds

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