Korean lessons - beyond the sweatshop to smartphones

Five years after the worst economic crisis since the Depression, developing nations face a nasty pair of threats: an excruciatingly slow global recovery, and the tsunami of easy money that rich-world central bankers have unleashed as they try to revive their own economies.

The problems are interrelated and no one should fear them more - or be more open to suggested remedies - than Xi Jinping. China's new president knows he needs better than 8 per cent growth to maintain social stability in the world's most populous nation.

via Business feed http://www.scmp.com/business/economy/article/1220010/korean-lessons-beyond-sweatshop-smartphones