How China Got Double-Digit Economic Growth

How China Got Double-Digit Economic Growth

While the rest of the world struggles to pull out of the global recession, China’s economy is galloping ahead at double-digit rates and is threatening to overtake Japan as the world’s second largest.

How did China accomplish that — particularly given that half the nation’s population lives in primitive, impoverished conditions? The average per-capita income is about $2,500, and 35 percent of Chinese don’t even have access to a toilet.

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