According to the IMF, the framework powering the world's second-largest economy is meeting with rising obstacles. Local demand has remained quiet, a trend primarily caused by the extended downturn in real estate and a frail social safety net, both of which have dampened the public's desire to spend. These conditions have led to deflationary stress and a heavier reliance on demand from abroad. However, simply banking on greater exports will not be enough to secure lasting growth for China in the future. #economy @IMFNews #China #growth