The Hidden Policies That Power China’s Export Boom | HappeningNow.news

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The Hidden Policies That Power China’s Export Boom

Huge tax breaks and a weak currency sustain exports, widen the government budget deficit and complicate the country’s efforts to rebalance its economy.

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Huge tax breaks and a deliberately weak currency are sustaining China’s export growth while expanding the government budget deficit and hindering efforts to rebalance the economy.

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Read original at The New York Times

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