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Xie Xuren, China |
Xie keeps the China fires burning
XIE XUREN, CHINA’S minister of finance, took office in September 2007 when he replaced Jin Renqing. The 12 months that followed were extraordinary even by the high standards of newsworthiness that China has set in recent years, bringing a devastating earthquake and the spectacle of the Olympics. Behind these headline-grabbing incidents, though, another amazing China story continued: despite rising commodity prices, global financial turmoil and widespread fears over inflation and consumer spending slowdown, China’s growth continued at a rate of 10%.
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