entrepreneurs can set up business in low-return activities with minimal barriers to entry. Using a cashmere sweater cluster in China … accessible for small entrepreneurs widely available in rural China, even without a well functioning capital market. The observed …

"The Emergence of China: Opportunities and Challenges for Latin America and the Caribbean provides a comprehensive … overview of China's economic policy and performance over recent decades and contrasts them with the Latin American experience …. What are the underlying factors behind China's competitive edge? What are the strategic implications of China's rise for …