Monday, October 22, 2012

Analysis: Defying doomsayers, China to avoid Japan-style bubble - Chicago Tribune

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Analysis: Defying doomsayers, China to avoid Japan-style bubble

Chicago Tribune


Whether China succeeds in avoiding an economic crash depends on how far it can turn its maturing, export-driven economy into one more geared to services and domestic consumption, a transition the World Bank says must happen well before 2030.



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