Analysis

Economy

China is the greatest economic growth in human history

Despite increasing media reporting on China’s economy there is still a fundamental underestimation of the sheer scale of China’s economic growth. It is not generally ...
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Reality & myth of the US ‘internet revolution’

​China is speeding up still further its ‘internet revolution.’ From the viewpoint of China’s overall economic strategy premier Li Keqiang has launched the concept of ...
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What China achieving ‘moderate prosperity’ means for itself & the world

China's key annual "two sessions," the National People's Congress and the Chinese People's Political Consultative Conference, reaffirmed China's strategic medium term goal to create a "moderately prosperous ...
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Why are China and India growing so fast?

The world’s two most rapidly growing major economies are China and India. Both China and India show a common pattern of development which differs sharply ...
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China’s economy is growing three times as fast as the US

Publication of US GDP for the 2nd quarter of 2017 means data is now available for both China and the US for the first half ...
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Why do Western economies have hard landings but China doesn’t?

​IntroductionThe media outside China periodically carries predictions of a China ‘hard landing’. For example George Soros grabbed headlines earlier this year by declaring of China: ...
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The damaging blind alley of US protectionism

​The damaging blind alley of US protectionismThe following article deals with the costs to the US economy of protectionism. The specific case it deals with ...
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China lacks innovation? Take another look

​Until recently, the big myth about China's companies was their lack of innovation. That view is now being reassessed in a series of Western studies ...
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A damaging confusion in Western economics books

Economics textbooks, particularly when discussing Keynes, frequently contain an elementary economic confusion - it should be made explicit this is a confusion in the textbooks ...
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Why China won’t suffer a Western type financial crisis

Inaccurate articles sometimes appear claiming China faces a "severe debt crisis." Factually these are easily refuted. Changyong Rhee, the IMF's Asia and Pacific Department director, ...
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