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Jun 07

China Will Become a Truly Rich Country If These Two Things Happen

Last week, I blogged about Revlon CEO Alan Ennis’s belief that China has lost its manufacturing prowess. His view of a China in decline has been a common theme, and now James Fallows, a national correspondent for The Atlantic and a China expert, voices a similar opinion, except for one interesting catch. The world will know if China is about to become a truly rich nation if we witness these two developments:

Will China Become a Rich Nation? Watch for These Signs from on FORA.tv