Author: gotohell

India, China will be growth engines: Indian PM [Copy link] 中文

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Post time 2008-2-20 08:17:39 |Display all floors
What gets me interested is that xeno-phobes and fools wallow in the schadenfreud of the west being "dragged down", rather that trying to bring the rest of the world up to the same living standards.

Sure, China and India are growing their economies and developing and improving living standards. The western world welcomes that.
As Schreiber said, they were coming off a lower base.
China, in particular, was held back for decades by a disproven economic system which only really changed when Deng had a lightbulb moment and realised that western style economic systems were the only hope.

To gloat about the China's growth now, after ignoring the practice and advice to the contrary, for decades, only goes to show how stupid those old policies of the past were, not so much how brilliant you are today.
"他不是救星, 他是一个非常淘气男孩" - Monty Python

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Post time 2008-2-20 08:40:31 |Display all floors
emucentral:

I agree the old policies of the past were bad, so the current policies look much better in comparison.  However, I disagree that this is some xenophobic talk from a zero sum mindset.  I remind you this is a China site, so it is very normal for proud Chinese to celebrate these achievements with other fellow Chinese around the world.  This is no different that say an Australian celebrating the economic growth of its economy due to resource rich deposits of valuable commodities that truly help it grow its domestic economy.  What is not normal is non-Chinese, who claim to welcome the emergence of China, yet still show a penchant for a zero sum mentality when they feel a need to come to a China site to downplay China’s achievements.  I feel it is more normal for an Australian to go to an Australian site to celebrate the achievements of Australia, just like how Chinese are here doing likewise.  

There was a time when US focused on both economic growth and financial strength.  It was once the largest creditor nation in the world.  But today, its economic growth has resulted in the largest debtor nation in the world, an absolute financial reversal.  Rather than this being the blueprint for financial success, other countries should heed the results, and avoid similar mistakes of excessive consumptions, not from internally generated revenues, but just from more borrowings.  That's how you turn the largest creditor nation, into the largest debtor nation.
Learn, as if your life will never end!

Live, as if your life will end today!  

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Post time 2008-2-20 08:46:41 |Display all floors

Emu is Confused

After those beers, he slurred, "western style economic systems were the only hope...."

WHICH part of the Chinese economy is western style?  Over half of the economy is still SOE driven, and the nation still runs on 5 year plans, which generate great results in infrastructure and R&D, while those the in the West crumbles.  China picks the best from different systems, and came up with SWCC, the best performing economic system of all mankind in the last 20 years.  If the West knew how to do it, you'd thunk that it would be the West (like Australia) that is growing at double digits, instead of looking to China to provide the growth and jobs.

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Post time 2008-2-20 09:13:20 |Display all floors
Originally posted by tongluren at 2008-2-20 10:46
WHICH part of the Chinese economy is western style? ...


Capitalism, aka "Socialism with Chinese characteristics". You know, that black cat which catches the mouse.

[ Last edited by emucentral at 2008-2-20 11:15 AM ]
"他不是救星, 他是一个非常淘气男孩" - Monty Python

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Post time 2008-2-20 09:19:03 |Display all floors
Originally posted by emucentral at 2008-2-20 09:13
Capitalism, aka "Socialism with Chinese characteristics". You know, that black cat which catches the mouse.


The core of western style capitalism is private land ownership, which does not exist in China.

Read enough books before entering any debate, you embarass yourself again here.

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Post time 2008-2-20 09:42:46 |Display all floors
Originally posted by northwest at 2008-2-20 11:19
The core of western style capitalism is private land ownership, which does not exist in China.

And so does that mean that no "private enterprise" exists in China ?
Does that mean that individuals (or well connected pa-rty hacks) don't privately own "means of production" in some places ?

Wake up and smell the coffee, you idiot.


Originally posted by northwest at 2008-2-20 11:19
Read enough books before entering any debate, you embarass yourself again here.

I'd advise you to read more, but then again much of the foreign informative stuff is not permitted, so your brain just withers away.
The results are plain to see.
"他不是救星, 他是一个非常淘气男孩" - Monty Python

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Post time 2008-2-20 10:15:27 |Display all floors
Originally posted by emucentral at 2008-2-20 09:42
And so does that mean that no "private enterprise" exists in China ?
Does that mean that individuals (or well connected pa-rty hacks) don't privately own "means of production" in some places ?  ...


You mixed the issue of the difference between capitalism and socialism. You've failed to see the differences.

Same as how you unable to see the difference between communism and fascism. But again this is not new.

China is still centrally planned economy with several sectors allowed to be privately owned. Means od production still within government planning.

Wake up and smell the coffee, you idiot.


Then how you call someone who can't differ words and deeds? Shameless idiot?

Also how you call someone who can't differ communism and fascism? Unrepairable fool?

I'd advise you to read more, but then again much of the foreign informative stuff is not permitted, so your brain just withers away.


See again how I use western sources to beat you in 'anglophiles' thread. You trust ABC and SMH, right? or you don't?

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