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This is despite the CCP baggage. Look at Singapore and Taiwan. If it wasn't for the CCP, China would be as rich as Japan and South Korea.
by QuesnayJr 3y ago
This is despite the CCP baggage. Look at Singapore and Taiwan. If it wasn't for the CCP, China would be as rich as Japan and South Korea.
- coffeebeqn 3y agoVery large countries are always much more difficult to govern. The best thing for your median Chinese would be to split to 5 to 50 different countries or at least more independent states
- xNeil 3y agoWhy would they want to split up?
- the_lego 3y agoThis highlights the need to distinguish "CCP baggage" into protectionist trade policy that is (today, not in the past with disasters like the Great Leap Forward) similar to what Japan, South Korea, and Taiwan used to grow their economies, and political repression, which is much worse in China.
- brmgb 3y agoChina growth rivals Japan before stagflation and this despite not benefiting from major help from foreign countries. I am not too fond of their regime but I don’t understand the comment I read here. If you compare China to its direct neighbour with a similar population, India, you clearly see that they were far more adept at developing their economy. There is a reason the article focus on the diaspora. That’s because the situation inside the country is not that rosy. I think American have a very biased view of China due to the strong anti-Chinese propaganda going on in your media.
- meitham 3y agoBut China is much richer than both of these countries!
- anticodon 3y agoHow can you compare anything with Singapore. Singapore is a tiny city state which is thriving in large portion due to geographic rent. Remove geographic rent from the equation, and it would quickly wither.