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(The New York Times) - CLAREMONT, Calif. — When Xi Jinping launched his anti-corruption campaign shortly after becoming the general secretary of the Chinese Communist Party in late 2012, most observers thought he would merely go through the motions, jailing a few senior officials and then carrying on business as usual. His predecessors, after all, had used anti-corruption investigations largely to eliminate their political opponents and consolidate power. Disciplinary actions would spike during the year following a new leader’s appointment and fall the year after that.

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But there could be a flip side to mopping up some of China’s trade as, you’ve got to remember, it was that trade that got China in trouble in the first place. “The tariffs on China are there because of the trade deficit,” said Economist Intelligence Unit (EIU) economist Yue Su said on Tuesday. “These […]

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