(This is Part 4 of a four-part series. Read Part 1, "China's growth has lessons for U.S."; Part 2, "As China grows, so do its problems"; and Part 3, "China at forefront of environmentalism?") There's one good thing about a nation developing late and developing fast: It can pretty much pick and choose from among all the best ways of doing things. This is exactly what China, with its vast cash reserves and virtually unlimited labor, is now doing. As a result, it's no longer just playing catch-up with the United States. In many ways, it's playing leapfrog. Technology in China's developed areas -- where most of its people live -- has already long been on par with our own. Internet cafes flourish, and the most sophisticated computers and display systems ar...
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