It seems that the world's second-largest economy is experiencing its own Lehman moment, reminiscent of the U.S. experience leading up to the Great Financial Crisis. In many ways, the situation in China is even more precarious, because so much of its economy is tied to housing and construction.
It seems that the world's second-largest economy is experiencing its own Lehman moment, reminiscent of the U.S. experience leading up to the Great Financial Crisis. In many ways, the situation in China is even more precarious, because so much of its economy is tied to housing and construction.
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