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The Cracks in China’s Foundation
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The Cracks in China’s Foundation

Our Correspondent
Aug 01, 2009
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The Cracks in China’s Foundation
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“The bullish group-think on China is just as vulnerable to massive disappointment as any other extreme example of bubble-nonsense I have seen over the last two decades … the fall to earth will be equally as shocking” -- Albert Edwards, strategist at Societe Generale.

China’s handling of the global recession has set a “gold standard” for sovereign policy …

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