China's economy transitioning not derailing: Davos experts
(Xinhua) Updated: 2016-01-22 08:21
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Gary D. Cohn, president and chief operating officer, Goldman Sachs attends the session 'Where Is the Chinese Economy Heading?' of the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland January 21, 2016.[Photo/Agencies] |
"The shift from a capex to an opex economy means that the government has less control of economic growth," he added.
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