China-US competition: The winner is clear

In an exclusive interview with China Perspectives, Justin Yifu Lin, former chief economist of the World Bank, said, given the limited resources, China allocates them to support high-productivity industries, while the US directs resources to sectors that lower its productivity. "In such a competition, the eventual winner is clear," he said. (Reporters: Liu Zhihua, Liu Yukun, Ouyang Shijia and Liu Ran (intern) Cameramen: Sun Chi and Yan Xingzhou)