By Dr. Tim Summers The Irish bailout and nervousness over other parts of Europe’s economies again raises the question of whether we might see some sort of double dip recession, or even another global financial and economic crisis. Although this still remains hypothetical, it is worth thinking about how the Chinese authorities might respond were the global economy to collapse again. As time goes on, this question becomes more relevant, not so much due to the aggregate size of the Chinese economy, but because it remains one of the fastest growing parts of the global economy. Back in 2008,…
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