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JPMorgan's Frenkel Not Seeing U.S. Recession

Mar.25 -- JPMorgan Chase International Chairman Jacob Frenkel says the global growth may be slowing down, the system is much stronger than at the time of 2008 global financial crisis. The economy, he added, is going though different phases of recovery. He spoke to Bloomberg's Tom Mackenzie on the sidelines of China Development Forum in Beijing over the weekend.
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