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The negotiator: Charlene Barshefsky

Sinica Podcast

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China's Services Sector Is a Good Place to Start

The US financial crisis fundamentally altered the equation globally in China's mind. It provided an opportunity for China to move into the breach as a country with very substantial foreign exchange reserves. Some believe it is intended to supplant or replace the World Bank and the IMF, for example. Others believe in China has said we mean to supplement these other institutions.

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