Re:Chinese local governments rush to admit fake data
by jacquesm on Monday February 12, 2018 @10:30AM
(#16359211)
According to GT that reads:
"Practice is the sole criterion for testing truth. Since the end of the Cold War, only China has narrowed its gap with the United States in terms of economic scale."
Re:Chinese local governments rush to admit fake data
by anthonyleecook on Monday February 12, 2018 @10:44AM
(#16359328)
China's advantages to a booming economy in the early 2000s are all withering away, however. Demographics: China is actually projected to have less than 800M population by 2100. Foreign direct investment: leaving to higher growth areas like India and Vietnam, partly also due to capital controls. Cheap labor: wage inflation is causing manufacturing to move out of China. Large labor force: China will have one of the oldest population by 2050, with working forces retiring. Tech growth: surveillance, great firewall, pollution, economy slowdown will spur talents to leave China.
Practice is the only criterion for the test of truth, and since the end of the cold war, only china has been able to narrow the gap between the United States and the United States