China in transition from manufacturing to services
- Shane Oliver
- Mar 30, 2016
- 1 min read
> China’s economy is seeing an ongoing transition from manufacturing & investment to services & consumption at the same time that it is continuing to deregulate.
> This transition will entail slower growth than seen last decade and bouts of uncertainty. However, there is still no sign of the much feared hard landing in China.
> Meanwhile, the plunge in Chinese shares, particularly those listed in Hong Kong, has left them very cheap.
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