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Topic - Cheng Zhunghua
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He noted that the government's efforts to shift the economy into new areas often have succeeded beyond expectations and with surprising speed, so observers shouldn't write off the possibility of rapid progress in achieving the latest goals.
But with exports slowing and consumers still unable to fill the gap, Mr. Cheng said, he is worried that the Chinese economy is in danger of "falling off a cliff" when the infrastructure building binge spawned by the government's 2009 stimulus program winds down.