Tag: Foreign exchange

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China: Slowing, But Still Growing

For all the fears about China’s debt load and slowing growth, The Wall Street Journal’s Tom Orlik contrasts China’s still-booming economy with those of Japan, Europe and the United States, and says that its debt situation is actually improving: In 2011, China’s gross domestic product came in at 47.1 trillion yuan ($7.4 trillion). That represented nominal growth of 17.5% from