Lee, Keun; Li, Shi - In: Frontiers of Economics in China 9 (2014) 3, pp. 370-397
This paper discusses the possibility of China falling into the so-called middle income trap in terms of three … follows: First, China has increasingly become innovative and thus differs from other middle income countries. Second, China … has many successful big businesses, a number disproportionate to its size. Thus, China differs from other middle income …