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Rajiv Memani, Chairman of Global Emerging Markets Committee of Ernst & Young |
Rajiv Memani, Chairman of Global Emerging Markets Committee of Ernst & Young
Given Beijing's goal of restructuring their economy - less reliant on manufacturing and more reliant on services - moderate economic growth is not a bad thing in the longer term. In this scenario it's important to focus on the quality - job creation and wage growth remain relatively stable - and not just the speed, of the economy.
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