Reuters: World must adapt to China – World Bank

From Reuters, via the Boston Globe:

The world must adapt to Asia’s rising superpowers China and India and avoid imposing tariffs to protect their economies, a World Bank official said on Wednesday…

“The world still thinks of China as an issue that needs to be managed,” he said at a briefing in Singapore.

“Attempting to manage the world’s fastest growing economy and the country with the world’s biggest population is preposterous. It’s delusional.”

See also “More players on one stage” by Peter Gordon in the Standard.

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