"Maybe the best way that I can illustrate this gap in development is walking down the street in downtown Beijing and seeing parked Lambos, Ferraris, Porches, and then a horse drawing a wagon with a farmer selling apples out of it. The farmer comes into the city with his crops and sells at higher prices. He makes a killing (from his perspective) and probably doesn't even understand that the machines he's standing next to are worth more apples than he could grow in a lifetime."
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