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* 3 billion to join middle class by 2030, spur huge demand* Long-term investment needs, short-term politics mismatched* China’s centralised planning to help fill gap"  (Source: Reuters)

Interesting new report by McKinsey – resource crisis needs more central planning.

In the 20th century, governments and businesses didn’t have to worry about resource productivity; they could focus on capital and labor. Over the next 20 years, resources must be at the heart of public policy and business strategy.”

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