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China's 'new normal' masks old anxieties

Published Thu, Jan 22, 2015 · 09:50 PM

Beijing

IT'S hard to be scared of normal. That might be why China's latest meme has caught on so fast.

Economists, business leaders and most lately Premier Li Keqiang have used the phrase "new normal" to explain China's slowdown. The insistence on normality mainly disguises the fact that the current situation is anything but.

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