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China feels the credit crunch
China feels the credit crunch
Last Modified: 23 Jan 2008
By:
Lindsey Hilsum
Shanghai's stock exchange lost 7 per cent yesterday, and there are fears it will affect a social stability dependant on future growth.
Investors of the world's fastest growing economy have never seen a market fall.
But even China's not immune from the shock waves of the bad debt crisis, which began in America and spread around the world.
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