As China becomes the world’s second-largest economy, Zambian economist and author Dambisa Moyo says there is much Ireland can learn from the east about rebuilding our country

YESTERDAY’S REPORT that China has finally overtaken Japan to become the world’s second largest economy created a small flurry among western diplomats and economists who have watched China’s rapid emergence from poverty with a mixture of envy, fascination and alarm. On current trends, China could replace the United States as the global economic leader within a decade.

Beijing already has the world’s deepest reserves of foreign currency, which bring China political as well as economic clout with western powers, notably the US.

Read more >