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Opinion

Time for China to accept it is no longer a 'developing country'

Graduation would have benefits for Beijing as well as other nations

| China
Chinese companies will have to develop more indigenous technology and build brand names through improved quality and service.   © VCG/Getty Images

Professor David Ahlstrom is acting chairman of the Department of Management of The Chinese University of Hong Kong Business School.

China is clearly no longer a poor country after four decades of high and steady economic growth.

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