black box

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Is China’s “Black Box” Economy About to Come Apart?

A China crisis will de-stabilize the world
Friday, August 7, 2015, 12:37 PM

After 30 years of torrid expansion, perhaps the single most consequential factor in China’s economy is how much of it is a “black box”: a system with visible inputs and outputs whose internal workings are opaque.

That black box is looking increasingly like a Pandora's box. What will happen if it breaks apart? » Read more