mainland, china, year
The end of the China love affair
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It’s probably safe to say that the world rediscovered China in the latter part of 2002. Since the previous bubble came to a screeching halt in the mid-1990s, the mainland economy had been essentially lying fallow: subpar growth,widespread layoffs and unemployment, banks left with a crushing bad loan hangover, farmers with stagnant incomes and state enterprises shutting their doors.
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