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China’s impact on global resources, incomes and geo-political trends is now the subject of intense ongoing debates. As always, PIMCO remains cognizant of the investment implications of these critical matters and will continue to offer insights on how we see trends and outcomes developing -- and how our ideas can be expressed in client equity portfolios. In this article, the first of our series, we set a framework for how countries move up the value chain and discuss China’s ongoing transition.
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