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by stupidhn
3312 days ago
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>He's gone on record that there's going to be an explicit or implicit write down, and China's average GDP growth is going to be well below 5% (averaging more like 2-3%) by 2020. But I'd hardly describe that as a "reckoning". It sounds more like a predictable "regression to the mean" China's unprecedented growth is unsustainable; people know this. Case in point: this article. |
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