China’s industrial revolution

What is hyper-speed growth?  Seeking Alpha thinks it knows.

 The most important part of China’s growth is that it is not just fast but that it is not new.  China at the moment is simply copying Western success – just being ruthlessly efficient efficient about it.  Depopulating the countryside, rewarding capital and all the other stages of the early industrial revolution.

Always remember that about China, its just doing what fifty countries have done before – just on a bigger scale and a little bit faster.  It’s when China starts acting differently then the bets are off


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