China: Doubts about China’s ability to manage a tough economic transition sap investor confidence

Published September 1, 2015 by godshope1971

WASHINGTON – The fear that gripped financial markets this month is a stark one: That China’s economy might be slipping into a decline that could persist for years.

But the world’s second-largest economy isn’t collapsing — certainly not yet, anyway. What’s really in freefall is confidence in its leaders, once seen as wielding near-mythic power to keep their economy growing at a propulsive pace. ∞∞∞∞∞ MORE »»»»

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