A Stronger China (Une Chine plus forte).
IN the West, countries are facing the fallout from a deep recession and financial crisis. Economic growth is at best tenuous in advanced economies, most of which have large levels of national debt. And the euro is under pressure. Meanwhile, China’s growth races ahead. Is China’s seeming resilience to the recession the real deal? China is in better shape than most countries. It averted a recession, confounding expectations by exceeding its targeted 8 percent growth rate in 2009. If it can adap...Expand abstract
- Finance and Development
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