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To: Snowshoe who wrote (399)7/20/2017 9:00:34 AM
From: elmatador  Respond to of 13790
 
China has been doing very well because it started at such a low base because of the suicidal policies prior to it's change to open and reform, its policy was nothing new but the same as that adopted by other Asian tigers.

Its saving rate was very high allowing it to invest a lot especially in infrastructures, the external environment was very benign, open, free market policy was generally adopted, technologies like communication, and container shipping etc all helped China to be able to achieve a lot; of course foreign investment was very important as well.

All these factors are seldom mentioned by the official Chinese media which usually portraits that China achieved a lot despite foreign containment and anti-foreign nationalism is promoted in the name of rejuvenation. I wonder if the very high saving rate and excessive investment leading to gross overcapacity in various industries in China is a factor in lowish investment in other especially developed nations. Is there anyway we can find out?



To: Snowshoe who wrote (399)8/8/2017 5:09:12 AM
From: elmatador  Respond to of 13790
 
Emerging markets come back
Message 31214558



To: Snowshoe who wrote (399)8/17/2017 3:10:15 AM
From: elmatador1 Recommendation

Recommended By
Elroy Jetson

  Respond to of 13790
 
To a greater or lesser extent, all of China’s big and successful internet companies have benefited from the communist party’s efforts to exclude Silicon Valley’s finest. Facebook, Google, Twitter, Instagram and YouTube are all blocked in China.

On top of that, the government has announced plans to shut down all non-official virtual private network services that allow paying customers to circumvent the “great firewall” censorship system and access overseas websites.

The results in commercial terms for the companies have been outstanding, as shown until recently by the performance of Baidu, China’s most protected internet champion. The company, often referred to as the “Google of China”, was the direct and immediate beneficiary of Beijing’s decision to block Google in 2010 after the US group refused to censor its search results.

ELMAT: Creating Apartment cats.

In the absence of serious international competition, China’s internet companies have been left to capitalise on the emergence of the world’s largest online market. The number of internet users in China has doubled since 2010 to reach 750m today, according to official government figures. The growth of e-commerce has been especially impressive — China is by far the largest online retail market in the world, accounting for nearly 40 per cent of all online sales globally.

ft.com