Why is it that most poverty alleviation comes out of China, but western economists pretend Chinese economists don't exist?
They even gave out a Nobel prize recently to someone for their work on poverty alleviation, someone who didn't have anything to do with China and completely rejected even adopting a Chinese economic analysis.
It is strange to me how westerners continue to pretend like China doesn't exist and their economic theories are all crazy and fringe despite them being the largest economy in the world by GDP (PPP) and growing incredibly fast.
- Anonymous1 month ago
China has way better prices and that's how most poverty alleviation comes from China.
- Anonymous2 months ago
Our countries biting the hand that fed them...
It was all good and well when we were down and out...
I don't know how anyone can have any respect for that...
I get the feeling our Prime Minister's had it up to her neck with our s***.....
- R RLv 42 months ago
Asia is taking people out of poverty by adopting Capitalist reforms, I say western economists are looking at those Chinese economists and asking them, what took you so long?
- 2 months ago
Oiy, are you really that stupid? Both are obviously true. China has the largest population in the world, therefore it having a larger GDP than the US is not surprising. That is in no way contradictory to it being a poor country, since IT HAS THE LARGEST POPULATION IN THE WORLD. Its GDP per capita is low. Why are you posting in Economics if you're this stupid?
You are so ******* braindead
Why are Americans this stupid
China's economy is in no way comparable to the US and WHY ARE YOU POSTING IN THE ECONOMIC SECTION IF YOU HAVE SO LITTLE KNOWLEDGE.
China's economy is far BETTER than the US and is MILES apart.
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- OiyLv 62 months ago
China has claimed two things at the same time, even in WTO. Firstly, it is the third word country with average income at the bottom. Or secondly, it is the richest country in the world surpassed the US in terms of gross GDP. No one knows which one is real. Not even the world economists.