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...well above the government's 7% target. Another worrisome sign: fixed-asset investment spiked 43% in the first quarter, with the bulk of it going into the already frothy heavy-industry sector. Raghuram Rajan, chief researcher at the International Monetary Fund, warned last week of "signs of overheating," while Morgan Stanley's chief China economist, Andy Xie, asserted more bluntly that the mainland's economy was a "bubble...

Author: /time Magazine | Title: Bubble, Bubble, Toil and Trouble | 4/19/2004 | See Source »

...would have much wider impact. The mainland is one of the world's largest manufacturing bases and is now its fourth largest trading nation. Last year, China accounted for approximately 70% of Japan's total export growth, 40% of South Korea's and 90% of Taiwan's, according to Morgan Stanley...

Author: /time Magazine | Title: Bubble, Bubble, Toil and Trouble | 4/19/2004 | See Source »

...MORGAN R. GRICE...

Author: By Morgan Grice, MORGAN GRICE | Title: DARTBOARD | 4/16/2004 | See Source »

...Morgan R. Grice...

Author: By The Editors, | Title: PREDICTIONS | 4/16/2004 | See Source »

...It’s just not natural to be doing this amount of work,” said Steve Sceery ’03, who recently joined Morgan Stanley across the Atlantic in London. “It’s brutal,” he says, adding that the environment in London was still more relaxed than...

Author: By Wendy D. Widman, | Title: Banking on Pain | 4/15/2004 | See Source »

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