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In an op-ed, Prof. Michael Spence discusses China's slowing growth and long-term outlook

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Excerpt from Project Syndicate -- "Watching for progress on these key elements of structural change and reform seems to be the right stance. If markets are confused or pessimistic about China’s longer-term agenda, but if the direction of structural change and reform is positive, there may be investment opportunities that were absent in the more exuberant recent past."

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