IMF paper looks at long-term prosperity in China

IMF headquarters in Washington DC

A new International Monetary Fund working paper focuses on monopoly rights, particularly their influence on work practice improvement at China's firms and plants, and the evidence that policy arrangements could encourage more competition in merchandise manufacturing and heavy industries.

In the paper, De-monopolisation toward long-term prosperity in China, author Ashvin Ahuja claims that over the past decade, the average Chinese person earned roughly nine times less and was 10 times less

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