Economic Progress

The trillion-dollar value of a global China

An employee seals a stack of yuan banknotes at a branch of Industrial and Commercial Bank of China in Huaibei, Anhui province April 6, 2011. Chinese inflation may top an annual rate of 6 percent in the coming months, preventing any relaxation of monetary tightening, the official China Securities Journal said on Wednesday, a day after the central bank raised interest rates for the fourth time since October. REUTERS/Stringer (CHINA - Tags: BUSINESS) CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA - GM1E7461ANQ01

China's rapid expansion has reaped its rewards. Image: REUTERS/Stringer

Jonathan Woetzel
Senior Partner, McKinsey & Company
Jeongmin Seong
Partner, McKinsey & Company
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Economic ProgressFinancial and Monetary SystemsChina
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