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"The Chinese model" is fundamentally underwritten by exporting vast quantities of goods to the West which Putin just blew up any hope of doing.
by khuey 5y ago
"The Chinese model" is fundamentally underwritten by exporting vast quantities of goods to the West which Putin just blew up any hope of doing.
- scrubs 5y agoCorrect! Now not to say some basic competency was not there - b/c it was - but trade with west is a major part of their success sort of like Japan kind of presaged for them in the 1980s.
- AussieWog93 5y agoThe CCP is moving away from that, though, and towards an economy driven more by domestic consumption.
- ajross 5y agoYes, but the success of China was built on an export economy. They're consuming more internally as they become wealthier, but it remains to be seen how smooth that transition will be. There have been many burps already (Evergrande, the banning of crypto mining to prevent wealth flight, etc...). Turning China into an inward-looking closed market is an idea still, not a recipe.
- pstuart 5y agoOther than fossil fuels and vodka, what does Russia have to offer the world?
- tapas73 5y agobad examples
- s5300 5y agoSuicidal novelists of course.
- just-ok 5y agoRussia is the world’s largest exporter of wheat and second-largest exporter of weapons. Ignorant comments like these do nothing to reduce tensions between Russians and the West.
- pstuart 5y agoOops, forgot about wheat -- that's a real concern. I was going to add weapons to my list but it was more along the lines of "consumer oriented" goods. On the other hand, my comment does diddly squat to our relations. Please go on and explain how I'm contributing to international tensions with my not-fully-informed question.
- petre 5y agoRussian literature, ballet, gymnastics, classical music among other things. Come on, you can't possibly equate a 144M country with gas, vodka or Putin.
- rnd0 5y agoMalware, pirate software havens, hacking organizations?