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Chinese banking pyramid scheme about to falter?

Tags: largest rate
Image used with permission from Pixabay.
From China, the second largest economy in the world, comes mixed and often disturbing news. The latest macroeconomic figures indicate a declining growth of the world's largest trading nation. The growth GDP in 2013 was exactly the previously predicted 7.7 %, as in 2012. But this was 10 % the year before, so a much lower growth rate. Many analysts believe that growth in the coming year will slow down further to 7.4 %. This would be the lowest rate since 1990.
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This post first appeared on VDM Trading, please read the originial post: here

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Chinese banking pyramid scheme about to falter?

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