The first World Internet Conference was held last month in WuZhen, in China's Zhejiang province. (ChinaFotoPress via Getty Images)
"The rise of China shines a harsh spotlight on the American model," Nobel laureate economist Joseph Stiglitz writes in Vanity Fair. "That model has not been delivering for large portions of its own population." He notes that the typical American family is worse off in real terms than 25 years ago, and the U.S. poverty rate has increased. [Full Story]
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