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Archive for July 1st, 2009

01 Jul, 2009

‘The new New York is Beijing’

Posted by: admin In: Around Beijing| News

By Adrienne Mong, NBC News Producer
BEIJING –   By all rights, Beijing should be suffering the post-Olympic hangover anticipated by skeptics and cynics. 
China’s exports-driven economy has taken a big hit from the global recession. Millions of college graduates are still unemployed. Newly built shiny commercial buildings stand unoccupied.  And in recent weeks the Chinese government has stepped [...]