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South central kansas | China's growth model has been based on the export sector, don't tell me that with the collapse of world trade, given their growth model, that hasn't hurt; their subsequent "growth" has been nothing more than the central government throwing money at the the problem(just like the USA, and once that wears off the reality will sit in) and look where it's got them, a real estate bubble of large proportions, a export sector that is hurting and by and large "make work" programs for those that have been displaced by the collapse of the export sector.
If you subscribe to the belief that china is a "island unto itself", meaning it is insulated from the rest of the world, economicially speaking, then I must say, that in my view, you are mistaken.
Edited by zenfarm 7/31/2010 22:06
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GDP growth
