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Wednesday, October 5, 2022

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China Giving Off Lehman Brothers Energy Across The Economy

The extreme heat engulfing parts of China is a painfully apt metaphor for the economic temperature in Beijing. The headlines of recent days can smack of cooling. Case in point: Asia’s biggest economy grew just 0.4% in the April-June quarter from a year ago. It was below forecasts of 1% and a world …

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