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Nexia China Alert (Oct 2008)

In its most recent World Economic Outlook Report, the International Monetary Fund (IMF) stated that "the world economy is now entering a major downturn in the face of the most dangerous shock in mature financial markets since the 1930s," and that for Asia "...more weakness is expected ahead in response to slowing demand from advanced economies and growing strains in regional financial markets."

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Pulse, China, Tax

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