21 months and counting
What i
s development? To many conventional economists it has been China, though not without irony. Its export-led development model and advantage in all economic sectors created its superpower status, and left it accounting for the vast majority of those lifted out of extreme poverty globally.
Image: China’s export-led growth is harming the environment and benefiting the rich, not the poor. Above, pedestrians wear masks to protect against air pollution as they cross a bridge over a busy highway in Beijing. Photograph: Ng Han Guan/AP
