 CHANGING FORTUNES
China Booms
China will hardly feel the slowdown in the Year of the Snake. First, the country is not as technology-dependent as other Asian exporters, like Korea and Taiwan, so it remains largely unaffected by the tech sell-off in the U.S. Second, China's pragmatic leaders are considering a number of measures to create a social safety net because of likely job losses at state-run firms. That translates into more retirement funds and insurance offered by the private sector, and the rapid development of a robust equity culture to tap into the country's huge savings.
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The Year Ahead
Politics
Business
Investing
Trends
- Fewer Marriages
- The German Exception
- Italy Awakes
- More Takeovers
- Auto Rout
- Luxury Goods Sale
- Euro Revival
- Oil Pressure
- Japan Opens
- Eastern Revival
- China Boom
Viewpoint: Pass the Buck
Technology
Arts & Media
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