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Can China reform?

“One thing I have learned about China is that there is always something to worry about”

By Anthony Bolton   February 2014

The night skyline in China’s largest city, Shanghai  ©XU XIAOLIN/CORBIS

As we move through 2014, views on China, particularly in the world of investment, are unusually polarised. Some argue that China can continue to grow at close to the rapid rate it has achieved for the last couple of decades—a rate that has not just transformed its fortunes and standing in the world but changed profoundly the way that many look at development. Others predict that the economy will collapse in a western-style banking crisis some time soon. Both are unlikely,…

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