It has, however, brought into sharper focus some of the structural challenges facing the Chinese economy.
These include: •  the challenge of shifting from investment-led to consumption-led growth  •  the challenge of liberalising the markets for important factors of production – including labour, land, capital and energy  •  the challenge of demographic change, with the Chinese working-age population now declining and the overall population ageing  •  the challenge of dealing with various strains and distortions in the financial system and the property market.