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.
Opinion
Time for China to accept it is no longer a 'developing country'
Graduation would have benefits for Beijing as well as other nations
Chinese companies will have to develop more indigenous technology and build brand names through improved quality and service. © VCG/Getty Images
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