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China’s Congress: an inflection point?

Exchanges

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China's Economic Miracle Is Set to Extend

Lee is not as concerned about China's demographic trends and broadly makes the case that China's economic miracle is set to extend. Longer term, Lee says human resources are more relevant to long-term economic growth than pure population. Every year we have 10 million college graduates; 50% of young people are studying colleges. 40% of the 10 million had a great decade from majors in engineering, and the Chinese economy still has very high savings rates.

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