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May 1, 2012

Indonesia Chases China As Middle-Class Consumption Soars

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In May 1998, Indonesia was in turmoil. During the previous 10 months, the currency had plunged 80 percent in value and food prices had soared 200 percent. Rioters were marauding through Jakarta, torching businesses owned by wealthier ethnic Chinese, who were fleeing for their lives. Safely ensco... FF News: Fundamental

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