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Understanding the Pattern of Growth and Equity in the People’s Republic of China Minquan Liu No. 331 December 2011 Asian Development Bank Institute Minquan Liu is a senior research fellow at the Asian Development Bank Institute (ADBI), Tokyo. The author would like to thank Min Yu, Narayan Poudel, Yue Wang, Xin Wu, Zhihai Xie, Yuming Cui, and Chiho Hasegawa for assistance with the tables and figures, and Shi Li for sharing with him his most recent work in progress. An ear...