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Behind the scenes at The Economist
The world’s second-biggest economy is stumbling into fiscal austerity
Catch up on global daily news
Compelling long reads
Tune into captivating conversations
Watch engaging short films
Behind the scenes at The Economist

Strong exports make up for weak investment

Otherwise a fourth year of deflation awaits

A handpicked article read aloud from the latest issue of The Economist

It is suffering economic costs for its industrial dominance

The country is too complacent about its export dependence

It is a problem not for the rest of the world, but for itself