The death of gradualism

Article Abstract:

Economic change occurred in China at such a rapid pace that the government has reacted to the changes instead of implementing them. These changes underscore the problems China has with its state-owned businesses, including bad loans from banks, and resolution of the bad loans will help the economy.

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The revolution yet to come

Article Abstract:

China's economic growth may have been one factor in bringing about economic reform in India, just as international concerns about China's future are bringing confidence to the Indian business community. There are still problems for India, however, including duty costs and interest rates.

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An offer they cannot refuse: China

Article Abstract:

China is not getting the public interest it hoped for with the $5.26 billion bond issue it has offered. It had hoped to finance a major infrastructure project with the plan, but so far only 27.6% of the bonds have been sold, mostly because of high inflation.

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