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Some developing countries initially benefit from low-cost advantages, but struggle to catch up with other nations once they reach a certain stageThe current debate in China centres around the question of whether it needs to close a significant gap with the West in terms of development ....
Chinese students who enrolled in Wall Street English (WSE), an Italian international adult English training company that reportedly will announce the bankruptcy of its Chinese business this week, are preparing to file a lawsuit against the company over alleged fraud in a bid to reclaim their tuition fees, which could total more than 100 million yuan ($15.44 million), some students told the Global Times. ....