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China: Not Yet a Superpower

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Shaun Rein of the China Market Research Group submits:

This column originally appeared in Bloomberg BusinessWeek

Years from now, when historians look back at April and May of 2010, what will stand out as the news with the biggest long-term implications? That the SEC strapped Goldman Sachs (GS) to the hot seat? Or volcanic ash disrupted flights and shipping routes around the world? Or an oil slick the size of Delaware was heading toward the Gulf Coast?

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