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Doomsayers underrate economy's resilience

By Ed Zhang | China Daily | Updated: 2014-03-03 07:45

Economy | Ed Zhang

Poor economic performances brew discouraging forecasts. So there have been quite a few scenarios for China's setback in 2014, based on its slowdowns in January and February.

Indeed, the country would be in deep trouble - if its size were limited to that of Sichuan province and Chongqing municipality (equivalent to France), or if all its business activities were centered on the Shanghai Stock Exchange.

Doomsayers underrate economy's resilience

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