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Thursday, January 22, 2004Businessweek files that China has no shortage of domestic and individual capital shall continue to grow aggressively and is likely to become the world's engine. Just about every big business topic seems to depend on China in some important way, from global economic growth to the weakness of the dollar against the euro, Japan's economic recovery, and the latest innovations in high tech. With 9.9% growth in the final quarter of 2003, China is Asia's locomotive economy. And if such rapid expansion continues, as seems likely, it could soon become the world's big engine. Must read for everyone interested about the global developments.
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