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Doubts about China's economic leadership sap confidence

from Chicago Tribune

The fear that gripped financial markets this month is a stark one: That China's economy might be slipping into a decline that could persist for years. But the world's second-largest economy isn't collapsing — certainly not yet, anyway. What's really in freefall is confidence in its leaders, once seen as wielding near-mythic power to keep their economy growing at a propulsive pace. more


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