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>The Communist Party in China has led an economic boom over the last 40 years absolutely unprecedented in human history. Thanks to capitalism and Western democ
by throwaway0x1 6y ago
>The Communist Party in China has led an economic boom over the last 40 years absolutely unprecedented in human history.
Thanks to capitalism and Western democracies. Taiwan and HK accelerated at a speed exceeding the CCP, by decades.
- akban 6y ago>Taiwan and HK accelerated at a speed exceeding the CCP, by decades. No they most certainly didn't. 'Communist' China has the fastest, consistent year-on-year economic growth rate of any nation in history. And even the current slowdown in growth (from 10%+ in the 90s & 2000s to the current 5% to 6%) is more a consequence of its $14 trillion+ size. A nation with barely any consumers as at 30 years ago, is now the biggest market for practically everything, from cars, to smartphones, to PCs, to fashion. Hate the country however you want, but the facts are clear: China is finally awakening from it's multi-century slumber.