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China’s Pledges to Boost Imports May Face Headwinds


China’s Pledges to Boost Imports May Face Headwinds
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China says it will use its army of consumers to boost imports dramatically over the next decade or so, pledging to import $45 trillion in goods and services over the next 15 years. But that may not be easy, analysts say, especially with growing household debt, a slowing economy and weakening currency, not to mention trade frictions with the United States. VOA’s Bill Ide has more from Shanghai.

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