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China may not overtake America this century after all
Posted By -NO AUTHOR- On 05/09/2013 @ 1:22 am In Money,World | No Comments
(London Telegraph) Doubts are growing about whether China can pass the US to become the world’s biggest economy this century amid warnings that the country’s 30-year miracle is nearing exhaustion.
China’s catch-up spurt has a few more years to run in the Western hinterlands perhaps, but when the full story comes out we may find that nationwide growth has already fallen below 7pc.
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