China's Innovation Challenge: Overcoming The Middle-Income Trap
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| Originally published | April 5, 2016 |
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| ID | 1994910 |
About China's Innovation Challenge: Overcoming The Middle-Income Trap
The miracle growth of the Chinese economy has decreased from a compound annual growth rate of 10% to less than 7% in 2015. The two engines of growth - export on a scale never before witnessed and massive infrastructure investments - are reaching the point of diminishing returns. . . .