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The Chinese economy has arrived at a crucial stage of all-round structural adjustment. In the coming two or three years, companies will start to feel the pressure as economic growth will continue to slow and there is likely to be moderate inflation of between 3 to 5 percent. Given this, it is essential that the country presses ahead with structural reforms. China does not need to worry about a hard landing of its economy, because with its average per capita GDP only $4,000 the economy still has lots of room to grow. China is a big econom-
The Chinese economy has arrived at a crucial stage of all-round structural adjustment. In the coming two or three years, companies will start to feel the pressure as economic growth will continue to slow and there is likely likely to be moderate inflation of between 3 to Given that, it is essential that the country presses ahead with structural reforms. China does not need to worry about a hard landing of its economy, because with its average per capita GDP only $ 4,000 the economy still has lots of room to grow China is a big econom-