From our sister publication, Global Government Venturing.
In an opening address at the Mission-Oriented Finance for Innovation conference (Mofi2014) at the House of Commons, the UK’s lower chamber of parliament, Andrew Haldane, chief economist at the Bank of England, noted that China’s economy is now about seven times the size of Italy’s, whereas in 1990 they were equal in size.
The subsequent relative change was due to China’s focus on the “one thing” economists know – “today’s investment is tomorrow’s…