With China showing tentative signs of an economic rebound, the theory that the world's recently crowned third-largest economy could detach itself from the US economy – an idea that looked foolish during the autumn global slump – is being dusted off again.
But for China to really “decouple” from the global slowdown, it will need to demonstrate that its growth is not dependent on exports.
Economists have long argued about the role of exports, which represent about 40 per cent of China's gross domestic product, in the country's spectacular expansion.
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