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Want to Unlock China’s Potential? You First Have to Scale the Regulatory Great Wall
The pandemic may be fanning headwinds against the global economy, but China’s economic resilience has allowed the country to sail into it. We see this in its post-pandemic recovery: with China’s economy projected to grow by 8.5% in 2021—a 73% increase from its GDP growth of 2.3% in 20201. This growth is no stroke of luck. China’s robust online ecosystem, with an entrepreneurial landscape that encourages innovation, has sustained the country through its darkest days….
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