China Can No Longer Plead Poverty

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By Gideon Rachman

Published: October 25 2010 22:45 | Last updated: October 25 2010 22:45

Anybody who talks regularly to Chinese officials will be familiar with the mantra that "China is a developing country". But Shanghai, which I visited last week, mocks this modest description. With its eight-lane highways, its modern and efficient subway, its forest of neon-lit skyscrapers, giant new airport and chic hotels, China's commercial capital is defiantly developed.

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