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February 12, 2013

Obama Should Allay Fear of China

Simon Johnson, Bloomberg

AP Photo

Here’s what President Barack Obama could say in his State of the Union address:

China is rising. Income per capita is climbing steadily, and within 20 years, its share of world income will rival that of the European Union.

We shouldn’t be afraid -- or shrink from the economic opportunities this will present.

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TAGGED: China, Barack Obama

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