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New areas for strategic tie-ups with China

Collaboration has to align with China's new strategies.

Published Mon, Apr 27, 2015 · 09:50 PM

    FROM Beijing, there is less good news about China's economy this year.

    Industrial production, retail sales, and investment did not meet forecasts in the first quarter. GDP growth in the first quarter also slowed to 7 per cent, the lowest in many years. Clearly, China's traditional growth engines such as exports, property development and infrastructure investment are losing steam.

    Gaining traction are new strategies envisioned by Chinese President Xi Jinping as "One Belt, One Road" and Premier Li Keqiang as "Internet Plus".

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