In a single generation, China has gone from an isolated economic and political backwater to the center of the global economy. With that global economy struggling to regain momentum after the biggest downturn in 80 years, China faces an extraordinary array of challenges. Some are the unique result of China’s culture and history, while others are the natural consequence of global leadership. In any case, how China chooses to address those challenges in the next two years or so will profoundly affect not only the world’s largest country, but also its investors, debtors, and trading partners in North America and the EU. What is this likely to mean for you?
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