by Summary:
China’s successful industrialization was built on export oriented growth polices that enticed Western companies–US in particular–to relocate production to China. Unlike the rest of the developed world, China ensured that it got ownership of the capital as well as employment. But China’s recent growth may reflect more of a credit-bubble than export-led or domestic demand ...
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Steve Keen considers the following as important:
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China’s successful industrialization was built on export oriented growth polices that enticed Western companies–US in particular–to relocate production to China. Unlike the rest of the developed world, China ensured that it got ownership of the capital as well as employment. But China’s recent growth may reflect more of a credit-bubble than export-led or domestic demand ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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