China’s remarkable story of economic growth is well-documented. Some 800 million people have moved out of poverty over the last 40 years thanks to market-based economic reforms. The annual 10%-plus GDP growth that dominated for years may have moderated, but the latest five-year plan calls for a still-robust 6.5% annual GDP growth rate.
Economic ambitions, however, have not become more moderate. To read this report by Wharton, please click here .