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Xi Jinping and China’s other new leaders take charge of a slowing economy and an increasingly vocal populace demanding cleaner government, better welfare and more affordable housing. Only modest progress has been made at shifting the economy from an investment-led, industrial model to one driven more by consumers and the services sector. Yet Louis Kuijs, Chief China Economist at RBS says investors expecting the incoming administration to respond with rapid reforms or a major fiscal stimulus are likely to be disappointed.