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Fareed Zakaria GPS
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China's Economy Is in Trouble
Economic data for april shows that industrial output, what factories produced, fell by two point nine %. The numbers are worse than some experts expected. And represent the worst level since early 20 20 when the economy ground to a halt at the outbreak of covet 19. Last year, china accounted for 18% of global g d p. That is a smaller share than the us, but a larger one than the entire european union.
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