Downtown, to some degree, a disaster for most countries in the world, means a god-given chance to grow into an even stronger economic competitor than it was before the crisis.
The global slowdown is also doing some things that Chinese authorities had tried and failed to do for four years: slow inflation, reverse what had been an ever-growing dependence on exports and pop a real estate bubble before it could grow even bigger. From this angle, this economic slowdown is gift for China.
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