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AUTHERS NOTE from GLOBAL ECONOMY

China's paradox of prosperity

Feb 23 2012 China faces the same problem as other developing countries; growing prosperity undermines their competitive advantage. George Magnus, senior economic adviser at UBS, discusses with John Authers, FT Long View columnist, how China might have something to learn from Karl Marx. (5m 3sec)

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Credits:
Produced by Darryl Thomson. Filmed by Rod Fitzgerald and James MacDonald.

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