Next Made-in-China Boom

7/14/2013

This New York Times article discusses China's ambitious plan to increase the number of college graduates in the country. The Chinese government aims to have 195 million college-educated workers by 2020, which is more than the entire population of Russia. The article explores the drivers and implications of this goal, including the desire to fuel economic growth, attract multinational companies, and enhance social mobility. However, it also raises concerns about the quality of education, the job market's ability to absorb the increasing number of graduates, and the potential for a credentialing bubble. The article provides a comprehensive overview of China's effort to expand its pool of college-educated individuals and the challenges it faces in achieving this goal.

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