Posts by John Ross

The growth of Asia’s rapidly developing economies is a vital practical issue for the living standards of billions of people and a decisive test of economic theory. This group of economies are the world’s most rapidly growing. They include the only major economies that have made the entire transition from ’low income developing’ to ‘developed‘…

​Unfortunately some discussion in the media of how China can become a ‘high income’ economy fails to follow the fundamental Chinese saying ‘seek truth from facts.’ Instead it follows a method of ‘ignore the facts, focus on inaccurate dogma.’In particular, as usual, neo-liberals avoid dealing with the facts. They suggest that to avoid the ‘middle…

​August 22, 2014 was the 110th anniversary of the birth of Deng Xiaoping. Numerous achievements would ensure Deng Xiaoping a major position in China’s history – his role in shaping the People’s Republic of China, his steadfastness during persecution in the Cultural Revolution, his extraordinarily balanced attitude even after return to power towards the development…

Every 4th May is National Youth Day in China. In 2…