At the same time there will be a rise in prices of capital- and skill-intensive goods and services which China needs to import.

ECONOMIST: The halo effect | The

It used to be thought that only rich countries had educated workforces able to produce skill-intensive goods, but poor countries have invested heavily in education in recent years, allowing them to start competing in more sophisticated markets.

ECONOMIST: More pain than gain

The tanning and coloring process was time intensive and required great skill to do it well.

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