Tweet
Re: An interesting piece in Asia Times
Do you believe GDP growth in China was 10.5% a year? 10.5% is as much as the World and the congress can accept.
If China revealed it growth averages 13-14% a year (hypothetical), the world would be up in arms because China will exceed the US in less than 20 years (assuming) and not the 30 years we all thought (which American politician would care what happens 30 years later, and by which there will be other problems like how to pay for the retirement and health expense of 150 million elderly americans. ).
Do you believe GDP growth in China was 10.5% a year? 10.5% is as much as the World and the congress can accept.
If China revealed it growth averages 13-14% a year (hypothetical), the world would be up in arms because China will exceed the US in less than 20 years (assuming) and not the 30 years we all thought (which American politician would care what happens 30 years later, and by which there will be other problems like how to pay for the retirement and health expense of 150 million elderly americans. ).
Originally posted by phirang
View Post
It's also worth noting that the Chinese, in public, like all other Asian countries, loves to understate their achievements and self-deprecate whenever possible. Japan has been supposedly in the gutter since 1987, but somehow, mysteriously, Toyota has managed to dominate the global auto market.
I've seen Chinese AK's and RPG's in Africa: they're very popular there
, along with their over-engineered yet cheap prime-movers, bridges, roads, buildings, power-plants, dams, etc, etc.
Most African countries usually get their planes from Ukraine, Bulgaria, Belarus, etc, though. Maybe Ash can help me out on that one.
I've seen Chinese AK's and RPG's in Africa: they're very popular there
, along with their over-engineered yet cheap prime-movers, bridges, roads, buildings, power-plants, dams, etc, etc.Most African countries usually get their planes from Ukraine, Bulgaria, Belarus, etc, though. Maybe Ash can help me out on that one.
Comment