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| Tags: analysis, chinese, economy, news, postolympics |
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08-28-2008, 06:14 AM
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News Analysis: Chinese economy where to go post-Olympics
As the 2008 Beijing Olympics ended in a splendor of fireworks, concerns over a post-Games downturn for the Chinese economy re-emerged. History shows that some host countries had experienced post-Olympic declines because investment dropped, such as Tokyo and Seoul. Japan witnessed a drastic fall in growth the year after the 1964 Games, down to 5.2 percent from the year-earlier 13.1 percent. The Republic of Korea saw the rate slip from 10.6 percent to 6.7 percent in 1989. W ...
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