THE WORLDPOST
03/18/2010 05:12 am ET Updated May 25, 2011

Is China Headed Towards Collapse?

The conventional wisdom in Washington and in most of the rest of the world is that the roaring Chinese economy is going to pull the global economy out of recession and back into growth. It's China's turn, the theory goes, as American consumers -- who propelled the last global boom with their borrowing and spending ways -- have begun to tighten their belts and increase savings rates.

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