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"The next big global financial crisis will emanate from China," writes Martin Wolf. "That is not...
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Wednesday, February 29, 2012, 12:04 PM ET"The next big global financial crisis will emanate from China," writes Martin Wolf. "That is not a firm prediction," but he notes how the U.S., Japan and a host of others suffered crises following financial liberalization and global integration. Still, Wolf is encouraged by China's cautious and "sensible" plans for reform.
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