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October 21, 2008

The Fat Lady Sings in China's Opera of Reform

by Rosemary Righter, Times Online, UK - Urban woes have concentrated minds on the need to release pent-up demand in the countryside, where 740 million Chinese subsist on around £1 a day. With larger farms, access to credit and mechanisation, China could rapidly increase farm output and rural incomes, boosting rural demand for urban manufactures. That has become China's No1 economic and political challenge.

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