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China Daily Says U.S. Exaggerates Foreign Trade as Job Loss Source

From Staff Reports Though millions of U.S. workers lose their jobs every month, foreign competition is way down on the list of causes. But U.S. politicians routinely spotlight foreign competition as the key culprit, ignoring some of the real reasons American firms routinely cut back on their work forces – including mismanagement, efficiencies created by […]

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Is China's Economy A Runaway Train?

Share prices on the Shanghai Stock Exchange closed at record highs last week. The Hang Seng Index closed up 275.7 points, or 1.2% after reaching an all time high of 23,301.93. As a result Morgan Stanley has upgraded its forecast for China's economic growth this year from 10.5% to 11.3%.

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