Tuesday, April 23, 2019

John Ross — Why China maintained its strong economic growth

The reason this is crucial is set out in the article below. It shows in a detailed way that it is investment, and not any other major factor in the economy, which controls China’s rate of economic growth – as it does in other major economies. In addition to its medium-term effect it was the fall in fixed investment which led to the economic slowdown in the second half of 2018, and the upturn which led to the good results in the first quarter of 2019 and in March in particular. Quantitative analysis of the data therefore confirms that it is fixed investment which is the most powerful factor in China’s medium-term economic development and its short-term macroeconomic regulation....
The article also contains an explanation of how the US approach to trade involves hybrid warfare. Hybrid warfare leads with economic warfare and information warfare, followed by cyberwarfare (although cyberwarfare is ongoing under the guise of intelligence gathering), and only then moves on to kinetic warfare if hybrid warfare does not accomplish the objectives, or if the adversary responds.


Socialist Economic Bulletin
Why China maintained its strong economic growth
John Ross

1 comment:

Kaivey said...

Don't you think this means that globalization can't work? Why should we all have the same sh*thole economy as the U.S just to make it a level playing field. What if a country wants to nationalise its service industries to lower the cost of energy, train services, and healthcare, etc to its public and industries to make a better society?