"There are virtually no historical parallels for a country that is so large and dominant in absolute terms and yet that lags far behind many other countries in terms of per capita income and other indicators of development. There is still a yawning gap in per capita income levels between China and the advanced economies and, even at present growth trajectories, it will take a generation for China to achieve the level of development of advanced economies." -- Eswar Prasad

"Growth in China has led hundreds of millions of people out of dire poverty and is cause for celebration. But the process of transition is going to continue to be a difficult one for China and the world." -- The Economist, China: Second in Line, 8/16/2010