China will face new challenges after ending its one-child policy
I was in China this week. The purpose of the visit was to promote Chinese investment in Ireland. I met the Irish Ambassador, Paul Kavanagh and his team, who are working very hard to promote links between Ireland and what is now the largest economy in the world.
The Chinese economy is being rapidly restructured.
Services are now the largest sector at 48pc, as against 41pc in manufacturing. There is now less reliance on exports and more on the home market.