Comparison 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…

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Solar power illustrates China’s manufacturing future

The decisive global role being played by China in leading the way in the development of renewable energy is now being recognised in the Western media – see the Financial Times article ‘The East is turning green’ summarised on this site’s blog. The Financial Times rightly notes of China and India: ‘both countries are set…

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Why a US-China ‘Thucydides Trap’ can be avoided

  Discussion of a supposed China-US ‘Thucydides trap’ is based on a sentence from ancient Greek historian Thucydides on the Athens-Sparta war of classical Greece: ‘It was the rise of Athens and the fear that this inspired in Sparta that made war inevitable.’ The comparison asserted is that China’s rise, confronted with a US ‘superpower’,…

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China’s GDP data destroys ‘hard landing’ myth again

China’s latest economic dataChina’s recently-published second quarter 2017 GDP data showed solid growth in regard to all key indicators. Year-on-year:• GDP rose 6.9 percent;• Industrial value-added rose 7.6 percent;• Retail sales grew 11.0 percent;• Urban fixed asset investment rose 8.6 percent.This is a performance exceeding any major Western economy – American GDP growth for the…

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