Monday, August 01, 2005

China and the world economy

Beijing, not Washington, increasingly takes the decisions that affect workers, companies, financial markets and economies everywhere
From latest issue of the Economist: From T-shirts to T-bonds.
How global inflation, interest rates, bond yields, house prices, wages, profits and commodity prices worldwide are now being increasingly driven by decisions in China. Read and ponder.
Absent from the online edition, the many pleasures of the magazine's photo captions in the print edition.

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