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China's push into services risks long-term growth stagnation

Some fear country's approach may duplicate failed attempts in Latin American countries

Services accounted for 46.9 per cent of the economy in 2013, while the secondary sector accounted for 43.7 per cent.


BEIJING'S efforts to put China's economy on a more sustainable growth path are focusing on shifting from investment-intensive manufacturing jobs to the services sector, but clumsy attempts to force the transition could do more harm than good.

As China looks set to post its...

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