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APR 28, 2013 - Time

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The Real Reason To Worry About China

The world is worried about China, but not for the right reasons. Global financial markets were roiled after the world’s second-largest economy notched only a 7.7% boost to GDP in the first quarter — a drool-worthy performance for most nations, but a disappointment for a country that routinely jumped 10% or more over the past three decades. Economists are busily debating the usual: Will China have a hard or soft landing? Will the government step in and stimulate growth? Those questions miss the bigger picture. The reality is that China is unlikely to witness those astronomical growth ... Read More

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