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China has five million new graduates

If there is any further proof of the need for further university funding in Wales, then read no further than the latest edition of the China Daily.

According to a Chinese Government report, the number of chinese graduates will reach 4.95 million, an increase of 820,000 over the previous year.

Suddenly, China isn't gearing itself up for low paid jobs but is developing its potential to become a knowledge-based economy of the future. I hope our policymakers and politicians are taking notice of such developments as they squabble over a few million additional pounds for higher education in Wales.

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