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Professor Joseph Foudy discusses economic growth and innovation in China

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Excerpt from New China TV -- "One way to think about it is you can grow by getting more people working. You can grow by getting capital to workers. And you can grow by being more productive or innovative. And in China's case, the growth success over the last 30 or 40 years has been a combination of real innovation and technology on the ground. But it's also just been increasing roads, bridges, equipment and factories."

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