you wouldn't be saying if you actually visited china. then you will have your mind blown

What?

The Federal Reserve essentially does that in the US

You'll be surprised how effective 5 year plans are.

also. china became the largest ev exporter, and even on a down year. chinese GDP is 5.2 percent. vs 2.5 percent in the u.s and thats with u.s printing TRILLIONS. You do the math. Its like chinese getting an B on a report card getting scolded because the expectation are so damn high, the while u.s gets an open book test and scored a C+ and lauded.

@levelazn China GDP is nowhere near that high. Don't believe what their government says. Evergrand and the other building companies are in debt and collapsing, and that is 25% of the economy. how could the GDP grow that fast?

By printing more toilet papers.

That sound like the US lol

no, their constant border incursions with neighbors is the problem.

It's around 2.6%

@@nntflow7058 😂😂😂 who had the highest GDP last year ? 5.3 % last year for China

@@bluefish7940 The US did. 😂 😂

More like -6.2%

Why are most democratic countries poor? Capitalism works in China because the one party system allows its economy to dictate production and pricing. The Chinese economy is based off of the German socialist market economy- a mixture of private and state owned enterprises.

Why was China erased from Western memory The remarkable history of Chinese invention - Why was China erased from Western memory? Article by 龙信明 Introduction Joseph Needham was an English medical doctor and biologist, teaching in England in the 1930s. By an accident of fate he acquired some Chinese students, and was intrigued to hear their claims of so many medical and scientific discoveries having originated in China, rather than in the West. Needham became fully fluent in Chinese, and eventually moved to China in 1942 to investigate these claims and to research the entire history of Chinese invention. That work led to an astonishing voyage of historical discovery. Needham originally planned to write a book cataloguing Chinese inventions, but his first volume barely scratched the surface of his subject. He slowly gatherred many of his students into this enterprise, and they eventually wrote a collection of 26 books, to catalog the history of Chinese discovery. Myth and Misrepresentation It leaves one speechless to learn the vast extent of things invented by the Chinese many hundreds of years, and often several millennia, before they appeared in the West. MySingaporeBlogSpot

IP Theft Is What Once Helped Make America Great That was certainly the case for the United States. The practice of grabbing intellectual property was a staple of U.S. economic strategy since the outset of the nation’s founding. The play Hamilton has brought new and deserved respect to the first secretary of the treasury. But his many economic achievements should not blind us to the fact that theft of intellectual property was a linchpin of his manufacturing strategy. RealClearMarkets

'Wake-Up Call': China Leads in 37 Out of 44 Critical Technology Sectors, Says Report The Australian Strategic Policy Institute has pointed out that only seven of the 44 technologies analysed by its report are currently led by a democratic country, 'and that country in all instances is the US.' The Wire Staff Mar 09, 2023 New Delhi: China is far ahead of even the United States in conducting cutting-edge research in most critical technologies, especially in defence, space and security, a new report by a top Australian think tank has found. In the report published on March 2, the Australian Strategic Policy Institute shows that China has “built the foundations to position itself as the world’s leading science and technology superpower, by establishing a sometimes stunning lead in high-impact research across the majority of critical and emerging technology domains”. TheWire