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Despite a number of challenges,China’s economy is manageable with no crisison the horizon As China faces risks through upgrading the structure of its economy,the general consensus is that these risks are in the main manageable.More specifically,China’s current debt level is under control and the U.S.tapering of quantitative easing(QE)is not likely to trigger a financial crisis in the country.Looking further ahead,the challenges of overcapacity are being addressed and the possibility of economic turbulence brought about by the real estate bubble is slight.