Dexter Roberts, Author, The Myth of Chinese Capitalism on the China's Risky Future
Sep 30, 2020
01:00:10
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China built its miraculous economic ascendancy largely on the backs of hundreds of million of migrant workers. Now, as labor rates in China climb higher than those in Malaysia and Mexico, what will happen to China's economy? The leadership in Beijing eyes a great leap forward to advanced tech - electric and autonomous vehicles, 5G and advanced manufacturing. But what about the "other China" - the 500 million day laborers beset with dimming prospects for employment?
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