Why China Should Slow Down – but Probably Won’t

China’s Premier Wen Jiabao sent a shockwave through the global economy this week when he lowered the country’s GDP growth target for 2012, to 7.5% from 8%. In doing so, Wen was not only recognizing the tremendous headwinds China is facing from an uncertain global economy. He was also acknowledging that China needs to alter […]

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