A leading think tank has downgraded its long-term outlook for the growth of the Chinese economy.
Economic research conducted by the Lowy Institute has placed China's long-term growth lower than consensus, flagging an ageing population and lower investment would bring growth forecasts down by more than a percentage point.
Between 2030 and 2050, Lowy anticipates China's economy will grow 2 to 3 per cent every year which is lower than 4 to 5 per cent consensus.
