Abstract
China’s meteoric rise since the 1980s has many dimensions. Between 1978 and 2007 it achieved an average annual economic growth rate of 9.6 % (Zakaria 2008; Jacques 2012: 490) which, despite the recent slow-down, still far exceeds the OECD average. It has the largest capital reserves of any country (Anderlini 2010) and is now the second largest economy in the world by GDP. At the same time, it has achieved rapid improvement in living standards among its 1.3 billion population, lifting about 500 million people out of extreme poverty (UNDP 2016).
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© 2016 Springer Science+Business Media Singapore
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Liu, Y. (2016). Introduction. In: Higher Education, Meritocracy and Inequality in China. Higher Education in Asia: Quality, Excellence and Governance. Springer, Singapore. https://doi.org/10.1007/978-981-10-1588-5_1
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DOI: https://doi.org/10.1007/978-981-10-1588-5_1
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