Archive for May 2018
Economic data shows claim of US ‘strong economic recovery’ was a myth
The publication of official US economic data for 2016, which shows only 1.6% US GDP growth for the year, and only 0.9% per capita GDP growth, clearly demonstrates two things: The major global economic development in 2016 was a sharp slowing of the US economy – as is shown below; Large parts of the financial…
Read MoreOne year on, impact of Xi’s agenda-setting Davos speech still felt
Chinese President Xi Jinping’s speech to the Davos World Economic Forum one year ago, on January 17, 2017, decisively shaped international discussion – the US magazine Newsweek summarized its impact as being that China was now seen as: “the linchpin of global economic stability.” Ian Bremmer, head of the Eurasia Group, the most influential Western…
Read MoreThe truth about China’s crucial role World War II is not only history
When on 3 September 2015 China staged its Victory Parade, commemorating the Chinese People’s War of Resistance Against Japanese Aggression and China’s contribution to the World War against fascism, this was a solemn day for China and an opportunity for the world to understand events which are not only historical but without which today’s world cannot…
Read MoreWhy the US turned protectionist – while China defends an open global econmy
It is a major mistake to believe that the US only made a turn towards protectionism starting with Trump. The US turn towards protectionism already started with Obama’s Transpacific Partnership (TPP) – which was not a ‘free trade’ deal but the attempt to create a protectionist bloc dominated by the US.Trump is therefore not a break…
Read MoreChina’s ‘socialist development strategy’ outperformed Western alternatives
This article finds that the 1st, 2nd, 3rd, and 4th…
Read MoreComparison of Hong Kong and ‘poor whites’ in the US South
July 1st 2017 was the 20th anniversary of the correction of one of the great crimes against China and of one of the dirtiest episodes in Britain’s history. It was be the anniversary of the return of Hong Kong to China. China’s President Xi Jinping has strongly stressed that reunification with Hong Kong was a…
Read MoreHow IMF policies helped oligarchs loot Russia – lessons for China and other countries
In 1992-98 the greatest peacetime economic coll…
Read MoreChina is the greatest economic growth in human history
Despite increasing media reporting on China’s econ…
Read MoreChina’s economy is growing three times as fast as the US
Publication of US GDP for the 2nd quarter of 2017 …
Read MoreUS economic growth under Trump – explained in 3 charts
There has been much discussion on the likely effect of Trump on the US economy. But some of this discussion fails to distinguish clearly between short term and long term effects of Trump. This can lead to wrong interpretations of events and trends as they unfold. The aim of this article is therefore to set…
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