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China's shift from manufacturing to services may disappoint: IIF

Report suggests "China's services sector will not be a growth engine for the world" like manufacturing has been


CHINA'S economy has slowed sharply as it shifts gears from manufacturing and exporting to a services-led model - a transition that is expected to help it pick up speed in the future. But a new report casts doubt on whether this transition can be achieved smoothly and effectively.

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