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China’s Economy Is Headed for a Very Hard Landing

William T. Wilson Economics, Asia The days of easy growth are dead and buried.  The world’s second-largest economy is going to make a hard landing one day, China watchers have speculated for several years. The fact is, though, the Middle Kingdom already is well on its way. Let’s first examine the “official” top-line numbers. In 2007, a year before the great global crisis, China’s real gross domestic product expanded at a 14.
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