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SMARAIS,PAUL TESTA,MICHAEL MARCELLO,ROCCO MENIN,CRAIG ROBBINS,CLIFTON S
J CASTILFORTI LLC LAMB,KARYN FINCH,APRIL KLEIN,MARTIN I VAUGHN,CLOTHER
ime minister twice. "I think there has been enough of a promise of reform to keep people taking a wait-and-see attitude, which is what happened in Morocco as well," says Marina Ottaway of the Carnegie Endowment for International Peace about the North African nation whose King Mohammed VI retained con
he investment in China is being financed with debt. The level of debt in the Chinese economy has been rising with frightening speed. Rating agency Fitch estimates bank credit in 2011 was equivalent to 185% of the country's GDP — an increase of 56 percentage points in a mere three years. Though that
rime minister twice. "I think there has been enough of a promise of reform to keep people taking a wait-and-see attitude, which is what happened in Morocco as well," says Marina Ottaway of the Carnegie Endowment for International Peace about the North African nation whose King Mohammed VI retained con
the investment in China is being financed with debt. The level of debt in the Chinese economy has been rising with frightening speed. Rating agency Fitch estimates bank credit in 2011 was equivalent to 185% of the country's GDP — an increase of 56 percentage points in a mere three years. Though that
Entities connected to both Morocco and Fitch

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