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Sluggish China looks to Reagan, Thatcher for growth solutions

Xi is calling his next big economic initiative 'supply-side structural reform'

HOT BUTTON ISSUE: China's steel production has 'become completely untethered from real market demand', according to a new report on the country's production overcapacity released by the EU Chamber of Commerce.


WITH the world looking to China for assurance that it can manage its slowing economy and tumultuous stock market, President Xi Jinping has begun pushing a remedy that sounds less like Marx and Mao than Reagan and Thatcher.

Mr Xi is calling his next big economic initiative "...

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