Should-Read: Michael Spence: The Global Economy’s New Rule-Maker: “Not too long ago, many pundits doubted that China could make the shift… to a service economy underpinned by domestic demand… https://www.project-syndicate.org/commentary/china-in-the-global-economy-by-michael-spence-2017-08 …But even if China’s economic transition is far from complete, its progress has been impressive… offloading its labor-intensive export sectors to less-developed countries with lower … Continue reading Should-Read: Michael Spence: The Global Economy’s New Rule-Maker