China’s Economic Shift: Why the Old Playbook No Longer Works

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China's economic growth era of ease is over, and companies must adapt to a more challenging environment to survive, according to McKinsey's Joe Ngai, who emphasizes the need for a new playbook in the new era.

Market Impact

Market impact analysis based on bearish sentiment with 77% confidence.

Sentiment
Bearish
AI Confidence
77%

Article Context

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McKinsey Greater China Chairman Joe Ngai discusses why China's era of easy growth is over and what companies must do to survive a more challenging environment, where businesses are "fighting for their life." Ngai is co-author of the upcoming book "The Next China Is Still China: An Insider's Playbook for Winning in the New Era." (Source: Bloomberg)

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Original article published by Bloomberg on December 19, 2025.
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