China's Rebalancing Key to Bluer Skies
Reduced coal use and other reforms mean China should be able to continue clocking rapid growth while also delivering a modest reduction in emissions
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It's all about balance for China's Premier Li Keqiang these days.
Curbing debt growth while avoiding a credit crunch. Reining in profligate provinces while spurring them to keep local economies humming. Freeing up the capital account while stemming an outflow of cash. And curbing pollution without crashing industrial activity.