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China’s Latest Challenge Is Engineering a Soft Landing for a Sputtering Economy
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wsj.comHONG KONG—Chinese leaders are trying to reverse a sharp growth slowdown without abandoning policies that triggered much of the weakness to begin with—a tricky task that could test Beijing’s ability to engineer a soft landing for the world’s No. 2 economy.
In recent weeks, China has unveiled a handful of policy-easing measures to prevent a downward spiral in the housing market and rekindle overall growth, which slowed significantly in the third quarter. The latest steps include making mortgages
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