There is a clear-cut way out of the middle-income country trap – but it requires a commitment to the creation of high quality institutions The 90th anniversary of the founding of the Communist Party is an opportunity for China to celebrate economic and political achievements that have eluded all other communist parties.
The Chinese Communist party will celebrate its 90th anniversary on July 1 with a pride that testifies to the pragmatism it has shown since Deng Xiaoping determined to lift the nation out of poverty some 30 years ago,