At a recent summit, the economist said China has been a ‘benefactor’ by lowering the cost of technology for developing economies.

A prominent economist has dismissed the “China threat” phenomenon as a “complete mislabelling”, arguing that the country has instead supported the global diffusion of technology by significantly lowering costs through production at scale. Speaking at a summit on Tuesday, Jin Keyu – a professor of finance at the Hong Kong University of Science and Technology – also said China’s proposals for its next five-year plan indicate Beijing recognises the need to rebalance its economy and better harmonise…

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