Article Excerpt
BY BOB DAVIS, TOM ORLIK AND LAURIE BURKITT
BEIJING—China’s leaders are trumpeting their commitment to overhauls, but there are signs a recent turnaround in the Chinese economy relies on old policies, raising doubts about how long the rebound can continue.
Some economists and business leaders say Beijing is pulling the same levers it has used in the past to produce growth, leaving untouched a reliance on exports abroad and credit-fueled investment in large infrastructure projects at home—the very model China says it wants to scrap.
Over the past two months, China’s industrial output, electricity production and exports have posted solid gains, buoying global markets and easing fears the …
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