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If there was a 25% devaluation of the dollar against the yuan or 25% import duties on Chinese goods, as some highly influential US economists are suggesting, China would sink into a deep recession as exporters already operating on wafer-thin margins are plunged into insolvency. American businesses, which rely heavily on China as the assembly plant of choice, would also find itself deep in the mire.
The Western press does not report on them. But these women are transforming China—in a big way.
These premium brands continued to do what they do best: produce expensive but timeless classics with unimpeachable quality that will last a lifetime.
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