China economists flag GDP slowdown despite Beijing's 'bright future' talk

Specialists project sub-5% rates in years to come amid property woes, other issues

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A nearly empty shopping mall in Beijing on March 8. Experts from major banks and institutions see China's economic downturn deepening in the years ahead. (Photo by Mizuho Miyazaki)

PEGGY YE and KENSAKU IHARA, Nikkei staff writers

HONG KONG -- New economic forecasts for China show Beijing's efforts to promote an optimistic narrative have not shaken predictions of a long-term slowdown, with the growth rate seen sinking well below 5%.

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