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Posts tagged as “debt”

China’s Debt Conundrum

President Xi Jinping and the standing committee. Analyzing China’s perilous macroeconomic position. As Martin Wolf of the Financial Times recently wrote, to understand the Chinese…

The Brave Reformer

BY GIACOMO TOGNINI Facing -2.1% GDP quarterly growth rate and 12.5% unemployment, Prime Minister Enrico Letta’s problems continue. His government recently passed a new budget…