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China - Weathering the storm and learning the lessons (chinois)

This report builds on the framework laid out in the 1997 Country Economic Memorandum, "China 2020: Development Challenges in the New Century," and its companion reports, which remain largely valid. This report focuses on the near term. The difficulty of dealing with China's main macroeconomic challenge, weakened domestic demand, has been compounded by the Asia crisis and the global economic slowdown. These challenges come at a critical juncture in...
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