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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Maurice Winn who wrote (1664)1/15/2019 12:51:40 AM
From: elmatador1 Recommendation

Recommended By
Elroy Jetson

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"...cracking open Chinese markets wider to both domestic and foreign competition would be the surest way for Xi to revive China's flagging growth.


Private enterprises produce three times the return on assets compared to state companies and, as the providers of almost all new jobs, they're critical to boosting consumption and weaning the economy off its reliance on credit-fuelled investment.


The International Monetary Fund calculates that while China's per capita GDP, measured in terms of purchasing-power, is similar to Brazil's, its consumption per capita is comparable only to Nigeria's. If Chinese consumed like Brazilians, their spending would double."
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