rayloke2009blogspot: Global economic outlook grim, China tells U.S. trade

Sunday, November 20, 2011

RAYLOKENovember 20, 2011 at 9:42 PM
Beijing should attend to bolstering China's own growth before it worried about global imbalances -- in other words, that a strong Chinese economy that brings a continued trade deficit with the United States would be better for the world economy than a slowdown in China itself.
"An unbalanced recovery would be better than a balanced recession," he said.
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