, Columnist
China’s Too Big Not to Slow Down
Get used to growth estimates grinding lower. That’s what happens when you become a big, maturing economy.
Like a fine wine.
Photographer: Qilai Shen/Bloomberg
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China is losing that wow factor.
Another economic growth number with a six in front of it. Another tired superlative about the slowest expansion in three decades. There’s going to be a lot of that as China’s economy gets bigger, older and loses that emerging-market glamour. Nothing inherently bad about that.