Migrant workers make up nearly a fifth of the Chinese population and, with average wages of about $14 a day, they are at the upper end of middle class incomes in emerging markets.
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Economics does not fit on a left-to-right political scale, says George Cooper, author of ‘Money, Blood and Revolution’. He tells John Authers that economics is a science in crisis, but at least there is agreement on one thing: markets are fundamentally unstable.
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