China’s unfair tactics

Over the last two years, the strength and resilience of the Chinese economy, in the face of the worst global economic and financial crisis the world has experienced in nearly a century, has been exemplified by its continued inexorable build-up of reserves. These now amount to over $3.2 trillion—despite the impact of the post-Lehman financial crash of 2008 and the rapid deterioration in the economic circumstances of its two largest export markets, the US and the EU.

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