Europe Tops World in Network-Readiness

A study finds the Old World strongly pushing tech resources to drive growth. The U.S. is losing steam, while China and India are lagging

By most measures, China's economy is charging full speed ahead. Annual growth in gross domestic product is estimated at 8%, whole cities are rising from the ground, and stock and real estate markets are booming. But according to an annual report released Mar. 28 by the World Economic Forum (WEF), for all China's success it still lags badly in some lesser-noticed indicators that could be critical to its future, such as cheap cell-phone and Internet access, the establishment of an entrepreneur-friendly legal framework, and protection of intellectual-property rights.

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