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Posted AT 8:59 PM EDT on 02/07/08

Why is Zimbabwe still afloat? China

Special to Globe and Mail Update

How has Zimbabwe's Robert Mugabe managed to avert a complete state collapse thus far? His disillusioned citizens are facing a new wave of price increases that will put the most basic of food essentials even further out of their reach. On the streets of Harare, a loaf of bread costs the equivalent of what a dozen new cars would have cost a decade ago (when factoring current consumer price indicators and inflation figures).

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