Painful adjustments needed to sustain advancement in the face of anemic innovation, slow tech upgrades and social tensions. China's per-capita income, at $3,800, has surpassed the threshold for a middle-income country. But even as economists and strategists busily extrapolate its future growth path to predict when it will catch up to the United States, the mood in China became somber and subdued in 2010. Indeed, Premier Wen Jiabao sees China's growth as "unstable, unbalanced, uncoordinated and ultimately unsustainable". (China Daily)
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