Frank Li is a Chinese ex-pat that settled in America after receiving a PhD in the US. He is an electrical engineer and entrepreneur.His take is informed from both the Chinese and American (Western) points of view and he offers a reasonably objective analysis in comparison to the largely one-sided and ill-informed one that one generally encounters in the West. His work covers the social, political and economic spectrum but this one focuses on economics. The dramatic rise of China over the past four decades not only has rocketed China's economy to the top of the world (in terms of PPP - purchasing power parity), with no end in sight, but also is ending western dominance over the past 200 years, at least. What does that mean to the world? Everything, from politics (End of Democracy?) to
Topics:
Mike Norman considers the following as important: Adam Smith, China, Chinese economy, economics history, Karl Marx
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Frank Li is a Chinese ex-pat that settled in America after receiving a PhD in the US. He is an electrical engineer and entrepreneur.
His take is informed from both the Chinese and American (Western) points of view and he offers a reasonably objective analysis in comparison to the largely one-sided and ill-informed one that one generally encounters in the West. His work covers the social, political and economic spectrum but this one focuses on economics.
The dramatic rise of China over the past four decades not only has rocketed China's economy to the top of the world (in terms of PPP - purchasing power parity), with no end in sight, but also is ending western dominance over the past 200 years, at least.
What does that mean to the world? Everything, from politics (End of Democracy?) to economics!
This post is about economics. It highlights two giant economists: Adam Smith behind the West’s economy and Karl Marx behind Chinese economy....econintersect
Adam Smith vs. Karl Marx
See also
Enter the dragon.
Sputnik International
China Wages Cold War Seeking to Replace US as Main Power - CIA Official