The new law does not undercut central government control of industries considered crucial to national interests, including electronics, telecommunications, postal services, airlines and railways. Moreover, local governments will maintain their traditional grip on public services such as medicine, education, publications and tourism.
Real GDP for the Fourth Quarter Revised Up, GDI Jumps
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The BEA revised fourth-quarter GDP from +3.2 Percent to +3.4 percent. Real
GDI was a whopping +4.8 percent but discrepancies remain and charts tell a
bette...
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