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Fluence China, page-3

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    These numbers speak for themselves. China is now the world's largest economy in PPP adjusted terms. The population has reached a certain level where they will demand better living environment ie water, soil, air.


    China's R&D expenditure as % of GDP is catching up with the USA , Japan and Germany, showing the steepest trajectory, coming from a lower base. However, FLC cannot afford to not be in China, not when its PPP is reaching a point where its people demand better services. FLC has said they can protect its IP. Let's hope they can maintain it.
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