Paul Eckert: China Poised to Overtake U.S. in 2020s-Author

From Reuters, via Yahoo! News:

China’s unprecedented rise, fueled by foreign investment and technology, has put the Asian giant on a path to surpass the United States economically by 2025, the author of a new book on China said on Tuesday.

U.S. pressure on Chinese authorities to revalue the yuan currency will bring only a brief respite from the fusion of cheap-but-skilled labor, imported technology and economies of scale that make China so competitive, said Oded Shenkar.



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