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Innovation Philanthropy: Why China’s Slowdown Should Worry Canadian Boards
Canada creates ideas, but needs the USA to fund them and China to scale them. Chinese Premier Li Qiang recently called for China to shore up external demand and deepen international trade, while also encouraging more private investment in infrastructure. At the same time, he acknowledged that weak domestic demand remains a serious problem. The latest numbers help explain the concern. Industrial output growth slowed to 4.5% in July, while retail sales grew just 0.6%. Fixed-ass
derrick345
1 minute ago9 min read
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