It won’t be able to rely on low-wage manufacturing. By Ndubuisi Ekekwe, Harvard Business Review — China designed and executed a policy that shrank the industrialization process in a mere 25 years — something that many economies took at least a century to do. That redesign has brought immense dislocation in global commerce and industry, enabling China to become one of the world’s leading economies. China’s success has led many African capitals to pursue…
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