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View all search resultsLabor groups are gearing up for nationwide protests, demanding stronger worker protections from changes to the minimum wage formula and tighter limits on contract work to a government-funded severance reserve.
When major economies are running at near full capacity, it is not clear that trade deficits should be a cause for concern, since they represent a transfer of purchasing power from surplus countries. Under the current circumstances, then, China’s widely criticized surpluses might as well be called enrich-thy-neighbor.
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