Source: China – South China Morning PostAlmost a decade ago, the World Bank and the Development Research Centre of China’s State Council published a report titled China 2030: Building a Modern Harmonious and Creative Society.While the report was presented as a research, its publication was widely viewed as a strategic blueprint for China to escape the “middle-income trap”, a stage of economic development in which income levels stagnate, preventing a country from joining the ranks of rich nations. Key suggestions in the report…Read More