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There won’t be a global recession—yet

Make the most of the present—the Chinese crash is coming

By George Magnus  

An office worker views the Financial Times Stock Exchange 100 index ©Tim Ireland/PA Wire/Press Association Images

Read more: Does future growth depend on the universal basic income?

Barely three months ago, those of a nervous disposition were claiming that another global recession was imminent, if not already underway, and that the Chinese economy was about to implode. On 11th February, as the FTSE 100 index reached a low of 5536, well below its ten-year…

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