How The 2008 U.S. Recession Will Hit China

Economist Donald H. Straszheim wrote a commentary on on how China will be affected by the recession of U.S. economy in 2008:

The current U.S. recession, which I believe began in December 2007, will slow China’s growth rate materially. A globally integrated China cannot escape global economic and financial market movements. China, now worried that its economy is too hot, will soon worry that it is not hot enough.

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