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by wodzu
3999 days ago
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It won't be contained in China, that of we can be sure of in todays global economy. If things will continue in the same direction we can expect at least a mild recession in China. That will have a large knock-off effect on the world economy. Slower growth in China will result in a slower growth everywhere else. |
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A recession? China's GDP grew over 7% last year. You think it's going negative because a stock bubble is retracing some of it's ludicrous gains?