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    Is China on the brink of being the world's economic champion, or
is it still just a developing country with hundreds of millions of
poor?

    How about both? Sometimes it's hard to separate the perception
from the reality, but there are good reasons China is already punching
above its weight in global markets. [...]

Full: <http://chinadigitaltimes.net/2005/10/_china_both_a_powerhouse_and_a_pauper_daniel_altman.php>