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| From a macroeconomic standpoint, it's interesting how developing economies just keep ticking while the developed ones struggle. I honestly believe we still see affects from 2008 today. Businesses (both small and large) figured out they needed to run a slimmer ship and cut a lot of jobs that have never returned.
Being off 2.9% would be tough. What was the worst quarter we had during the Recession? I was in college then... beer and women were more important than some recession. I can imagine it would hurt.
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Current Chinese Economy
