China’s Economic Slowdown: Why Stimulus Is a Bad Idea | Business | TIME.com

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China’s Economic Slowdown: Why Stimulus Is a Bad Idea | Business | TIME.com

The intentions of China’s policy mandarins will become clear over the next few months. Taking the proper reform measures will require the government to accept a lower growth rate while the economy adjusts. Will they take more drastic steps to pump up the country’s existing but strained growth model or earnestly start the process of creating a new growth model? The future of China’s economic miracle may well depend on the answer.