By Robert D. O’BrienAfter growing at double-digit rates for most of the last three decades, the Chinese economy is now in jeopardy of failing to achieve the eight percent GDP expansion benchmark widely considered necessary for the government to stave o... ...full story at China Beat
from China Beat on Wed, Aug 12 2009
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| 26 Nov 08 |
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Dominic Barton of McKinsey & Co »
YouTube video Can China help power the global economy out of a crisis?
After five years of double-digit expansion, the worlds fastest-growing economy has succumbed to the economic chill wind sweeping across the globe. Chinas economy slowed to an annual growth clip of... |
| 05 Aug 09 |
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Fears Of Migrant Unrest In China Have Faded » China Journal As China’s economy has improved, fears of social unrest from unemployed migrant workers have been receding as a social and economic issue |
| 13 Aug 09 |
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China's Migrant Workers. The Revolution Will Have To Wait. » China Law Blog Robert D. O'Brien (have I linked to the right person?) over at China Beat has a great post up on the impact China's manufacturing downturn is having and will have on China's big picture. The post is entitled, "China’s Migrant Workers in the Wake of t... |
| 29 Oct 08 |
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China cuts benchmark interest rates by 0.27 percentage points » People's Daily China's central bank announced on Wednesday it would cut benchmark interest rates by 0.27 percent to spur economic growth. The move would become effective on Oct. 30. The benchmark one-year deposit rate would drop to 3.60 percent from 3.87... |
| 30 Oct 08 |
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Rates cut again to spur growth » People's Daily The central bank has cut interest rates for a second time in less than three weeks to bolster economic growth in the face of a worsening global financial crisis. The benchmark one-year lending rate dropped to 6.66 percent from 6.93 percent, while the... |
| 08 Jan 09 |
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Financial crisis drives away 600,000 migrant workers from S China economic engine » People's Daily An estimated 600,000 migrant workers have left China's southern Guangdong Province due to unemployment in 2008 after the worldwide financial crisis hit the region, a government official said Thursday. Guangdong Province Vice Governor Huang Yunlong... |
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