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Jane Gaskin did exactly that, trading in the family home to begin a new life in the

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But she soon discovers that Paradise has its secrets.

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you listen to podcasts. This is a

This is CBS I on the world with John Bachelor.

Here's John Bachelor.

Gordon Chang at Gordon G. Chang. China's economy, troubled.

I welcome Ann Stevenson Yang, the author of the new book, Wild Ride,

a short history of the opening and closing of the Chinese economy. Our story so

far how we got to where we are right now. And a very good evening to you I read

from CNBC's headline. The Chinese government announced plans from the

Chinese government announced plans earlier this year

to bolster domestic demand with subsidies and other

incentives for equipment upgrades and consumer product trade-ins.

I understand China's keen on obliging its population to consume.

How so, Anne, Good evening to you.

Good evening, John. Yeah, for example, there are some localities where government officials

will go into your home and check the dates on appliances, and if the appliances are too old then they require you to buy new ones.

So these subsidies that they issue, they're always in effect company subsidies that they just make it a little bit cheaper to buy a

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