Saturday, November 5, 2011

China is Mastering All Key Traditional Western Advantages, Says Harvard Historian

Harvard historian, Niall Ferguson dismisses the arguments that China lacks innovation and therefore will never surpass U.S. economic supremacy. Instead, Ferguson argues, with the exception of the "Rule of Law", China has begun to master (and surpass) the West in each of the traditional areas which gave it a competitive economic advantage for the last 400 or 500 years.


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