Acceptance

Chinese President Cites Threat of Global Slowdown - NYTimes.com

SHANGHAI — President Hu Jintao of China warned at a government meeting over the weekend that the global financial crisis was threatening to undermine the country’s booming economy and that China could lose its competitive edge as trade growth slows.

The comments, which were published in the Communist Party’s newspaper, People’s Daily, offered few details but were the latest indication that Beijing was growing increasingly concerned about a sharp slowdown in the country’s growth.

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