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Dan Collins: Tariffs and the Future of US Manufacturing — #85

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China's Economic Transformation and Human Development

This chapter explores China's extensive investments in its western regions and examines the evolution of its economic model from a command system to a competitive market. It discusses significant advancements in educational attainment and human capital, linking these improvements to the country's rapid growth in height and socioeconomic status. The conversation highlights the complexities of China's labor market changes and the challenges it faces as it transitions to accommodate a more educated workforce.

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