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The Red Dragon? China is not a threat. Literature

samsonblinded.orgChina is an earthen-legs colossus. Government is strong financially because it regulates economy, suppresses wages, profits from few artificially competitive state enterprises, overtaxes—and does not redistribute. Chinese GDP is modest compared to developed economies, and its growth rate, high because the economy started from zero, would moderate. Large GDP does not mean strong economy; surplus GDP, an excess over the cumulated cost of living, does. Surplus GDP of China is minuscule, and insignificant in per-capita terms.

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The Red Dragon? China is not a threat.
ndmagxian
Submitted by ndmagxian
1 year 23 weeks ago Made popular 1 year 23 weeks ago
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