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The Potential of China's Economic Growth
KU: China's growth is contributing to a 35% of global growth this year. There are 600 million and more people in China who are living under $2,000 RMB,. Can you imagine the amount of growth that I would transpire with these people moving to real middle income by international standards? KU: Even if we have the argument that China has totally exhausted physical capital and labor force economics, there is still one big opportunity which is productivity and human capital accumulation.