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Legislating for a rainy day
HOME > PAST ISSUE > PERSPECTIVE [Premium content]October 2006
China is enacting important new laws that have the potential to soften any economic troubles in years to come. The question is whether they will be properly enforced
A growing number of observers see a substantial risk of an economic downturn in China within the next few years. Let us assume, for the sake of argument, that they may be right.
If their fears prove well-founded, there will be social and political implications, the significance of which will be linked to the depth and duration of any downturn.
With that in mind, it is perhaps significant that, after debates stretching back to the 1980s, two significant pieces of legislation ...
If their fears prove well-founded, there will be social and political implications, the significance of which will be linked to the depth and duration of any downturn.
With that in mind, it is perhaps significant that, after debates stretching back to the 1980s, two significant pieces of legislation ...
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