Low-wage, unskilled labor was once its competitive edge, but now China is quickly rising as the world's largest supplier of college-educated workers.
By 2030, China alone will account for 30% of the world's new college-educated workers, predicts a study by the McKinsey Global Institute.
In comparison, the United States will account for only 5%, and collectively, advanced countries including the U.S., Japan and much of Europe will account for only 14% of new highly educated workers.
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