The impact of China’s economic rise

GK Challenges, Chapters and other contributions, Financial Resources

Tony F. Chan, Hong Kong University of Science and Technology

China’s continuous economic rise in the last three decades has beenone of the most dramatic events in world history. In addition to liftinghundreds of millions people out of poverty, creating a huge middle class with increasing disposable income and modernizing China’s economic structure, this rise has also affected the rest of the world in many ways.

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