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| | RAND | Monograph/Reports | Fault Lines in China’s Economic Terrain |
 | | China has confronted in the past two decades five of the eight fault lines that the authors consider (unemployment, corruption, water resources, HIV/AIDS, and financial fragility), and, nonetheless, it has sustained high rates of economic growth. |
 | | Therefore, in assessing the potential effects of these fault lines on China’s future economic performance, the authors focus on whether, why, and by how much their intensities may increase — that is, on changes, rather than on the prevailing levels of each fault line. |
 | | For the other three fault lines examined, which have not previously occurred or recurred — oil price shocks, foreign-direct-investment shrinkage, and serious military conflicts-the authors consider the circumstances under which they might arise and their resulting economic effects. |
| www.rand.org /pubs/monograph_reports/MR1686 (546 words) |
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