China's switch from global creditor to debtor to raise huge questions

​​​​​​​Beijing must stop interfering in financial markets to profit from future foreign inflows

HENNY SENDER, Nikkei Asian Review columnist

Since it entered the World Trade Organization almost 20 years ago, China has been the fastest-growing economy on the planet, in large part thanks to its exporting prowess and its vital role in global supply chains.

Apple employs a million people in China; driving across the Baosteel metallurgical plant takes a half an hour. No other country can replicate China's scale or its manufacturing ecosystem.

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