January 26, 2016

While we believe that China is a major player in the world economy, we believe that those who are questioning whether a Chinese slowdown would cause a global recession are overestimating the impact of China’s economy on the world economy. We do not share that view and suggest that we should focus on finding a different culprit to blame for the global economy travails. Interestingly, the integrated economy framework offers us a culprit.

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