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GDP per Capita – Growth Rate in China Source: World Economic Outlook Database and Trend Calculation by Author  

GDP per Capita – Growth Rate in China Source: World Economic Outlook Database and Trend Calculation by Author  

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In the wake of formation of BRICS, higher foreign capital influx in the economy and establishment of New Development Bank in Shanghai, it becomes imperative to assess the monetary policy of China vis a vis its objectives, and determine the steps needed to further ease the slower economic growth. More so, since China's economy is not only bigger tha...

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