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Archive for May 2018

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 ‘Internet Plus’ – emphasising integrating the mobile Internet, cloud computing, big data and the Internet of Things with manufacturing and e-commerce. To further boost Internet use the premier recently urged…

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Deng Xiaoping – the world’s greatest economist

​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…

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How Singapore achieved a higher per capita GDP than the US

​The economic development of Singapore under is famous as one of the greatest success stories in history. Singapore has become the only Asian country to achieve a higher per capita gross domestic product than the United States by every measure. To have achieved this from the starting point of a third world country, and during 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 did China grow so fast?

​My article ‘China’s socialist model outperforms capitalism’ established factually two key conclusions for global economic and social development. First, that the fastest growing economies since the putting forward in 1989 of the ‘Washington Consensus’ (excluding oil-production dominated economies or countries with populations  under 5 million) were not those following this model advocated by the IMF/World Bank…

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