China became the world’s number 2 economy

China kept its promise - to double its GDP and income in a decade and in the global economic power structure, taking the country to the forefront. Now, the challenge for the country is to keep the momentum going in the face of mounting challenges.

This journey began in the late 1970s with a move to more open markets. It continued through utilizing the advantages of cheap labor, a devalued currency, aggressive central planning, and a ....