Emerging Markets Face Middle-Income Trap

This is a China news story, published by Guardian, that relates primarily to The World Bank news.

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income countries

Guardian

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World Bank warns 108 countries risk being stuck in ‘middle-income trap’

Summary

Nutrition label

81% Informative

More than 100 countries including China , India , Brazil and South Africa risk becoming stuck in a middle-income trap’ Since 1990 , only 34 middle-income economies had managed to shift to high-income status.

The World Bank said the lesson of the past 50 years was that as countries grew wealthier they hit a “trap”.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

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not offensive

Hate speech