economy - Planet Earth calling the WEF

What planet is the World Economic Forum (WEF) living on, Ruth Lea, Director of the Centre for Policy Studies in London wonders in a letter in the Financial Times.
The WEF placed China in its annual global competitive programme on the 46th place. "I admire the Scandinavian countries greatly but the notion that four of them are ranked among the top six for growth prospects, while China limps in at 46th, simply beggars belief. Forgive me, but just what planet is the WEF on?," Ms Lea writes. "Back here on planet Earth, I have little doubt that China will continue to power ahead over the next five to 10 years, experiencing growth rates that make Finland's and Sweden's look very modest indeed. I can only conclude that the WEF is institutionally biased towards fashionable, and implicitly occidental, notions of global competitiveness that are deeply flawed. And in doing so it has simply missed the point."