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Leon Trotsky's Theory Explains China's Economic Leapfrog
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- Leon Trotsky's "privilege of historic backwardness" theory may explain China's rapid economic and technological advancement.
- The concept suggests that less developed nations can adopt innovations from advanced countries, skipping intermediate stages, as seen in Africa's adoption of 5G and e-commerce.
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Leon Trotsky's "privilege of historic backwardness" theory may explain China's rapid economic and technological advancement. The concept suggests that less developed nations can adopt innovations from advanced countries, skipping intermediate stages, as seen in Africa's adoption of 5G and e-commerce.
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This article was originally published by SCMP News.
