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Monday, November 7, 2011

'Booming echoes of global crisis in China'

from smh....


"The global economy has three main pillars: the United States, the European Union and China.

America was where the crisis began, with a housing market bubble that corrupted the financial sector. Europe is where the crisis now has its locus, amid fears that the single currency could break apart. China, despite steaming ahead since the slump of late 2008, may be next'.....READ MORE


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