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The numbers I've seen show that economic growth since China joined WTO in October 2000 surpasses any other period you may choose. In my original comment, I men
by jhancock 17y ago
The numbers I've seen show that economic growth since China joined WTO in October 2000 surpasses any other period you may choose. In my original comment, I mention "change" (social, political, and economic) in China over the past 10 years simply because I've lived in Shanghai since summer 2000 and personally witnessed the change.
I can't speak for South Korea or Japan because I've never lived there and have only read about those places.
Although I personally lean toward "free-market" policies, I recognize that a significant portion of the U.S. economy (my country) does not operate on free-market principles. Energy, Government, some aspects of Health Care, mostly operate under controlled, non-free-market conditions.