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According to the Reaching Beyond Our Borders Box in Chapter

Question 159

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According to the Reaching Beyond Our Borders box in Chapter 20,titled,"The Banking Crisis Goes Global",several of China's small businesses could not continue to operate during the economic downturn of 2008-2010,without lending institutions willing to keep them afloat.Chinese banks tightened their belts,and many of these fledgling businesses went under.

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