China's impact on the world economy is major, and its fight with inflation has global implications. This article enlightens us on many aspects of international business and
the role of economics play. A good review of principles learned many of your classes.
Soaring Inflation Poses Risks Beyond China’s Borders - NYTimes.com
Monday, April 18, 2011
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China’s economy is flexing their muscle and understandably so. An annual rate of 9.7% growth is extremely great when compared to the United and Europe. The downside is the effect on global trade and the desire to push inflation higher. This can cause intervention from the WTO and harm any parties involved in trade agreements.
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