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October 2004

At 55 years of age, the People's Republic of China is struggling to rein in economic growth of 10%.

GDP growth has roared at high levels for years - an average 9.3% through the '80s and 10.1% through the '90s. And the growth problem persists year after year into the new century. China has no shortage of headaches, but high growth is one any other country would be thrilled to have.

Who could have imagined China, so overwhelmed for so long by a huge, poverty-stricken population, by a long history of bloody fractiousness and by often violent and bizarre experiments of re-invention ...

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