Caixin
Dec 06, 2011 01:36 PM

China Seeks Balance in Wobbling World Economy

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Sovereign debt crises in Europe and the United States have increased the risk of a double-dip global recession. The global economy and its financial system have turned unpredictable, while in many countries the foundations of real economic growth have been shaken.

Too much currency is being printed, and fiscal budgets are overdrawn. But what more can governments do to strengthen their economies?

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