China’s economy Romance of the three quarters

by | April 26, 2016 5:10 pm

“THE empire, long divided, must unite; long united, must divide.” This famous opening from “Romance of the Three Kingdoms”, a classic Chinese novel, refers to the inevitable ebb and flow of dynasties over the centuries. The same principle, in less dramatic fashion, applies to the ups and downs of the economy. But in the past…

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