21.10.2016 - The Domino Effect of China’s Economic Slowdown
In the 1800s a popular American saying was “As Maine goes, so goes the nation,” meaning that what happened in Maine had a significant impact on U.S. presidential elections. Today, some economists are adapting that sentiment to “As China goes, so goes the world.” Beijing recently announced a 6.7 percent economic expansion in the third quarter, matching predictions and consistent with its last two quarters. One is tempted to be encouraged by such remarkable stability...........................................Full Article: Source
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