A new report forecasts China’s growth as slowing to 3.9% by 2020-2025, The Wall Street Journal reported, citing business-research firm Conference Board. The report, expected to be released Monday, predicts that productivity in China will nose dive and its leaders will fail to push through tough measures to remake the economy, but that foreign firms will benefit from the lean times, with more local talent to choose from and a wider selection of Chinese firms available for acquisition. China is scheduled to report its third-quarter economic growth on Tuesday.
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