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Fixing the crisis, chinese-style


Despite Western skepticism, it appears China will defy crisis expectations and make good on reviving its GDP. There is also evidence that the Beijing economic stimulus program is working as well or better than expected. The explanation comes in two words: domestic demand.

Despite Western skepticism, it appears China will defy crisis expectations and make good on reviving its GDP. There is also evidence that the Beijing economic stimulus program is working as well or better than expected. The explanation comes in two words: domestic demand.

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