(November 5, 2019 at 9:57 am)Deesse23 Wrote:Since adoption of capitalist model in early 80s Chinese GDP grew at 9.4% on average. China alreadly has larger economy than US.(November 5, 2019 at 7:38 am)Dmitry1983 Wrote: China lacks social programs and its economy is growing 10% a year.Its not even 7%.
Current slowdown is likely caused by the trade war.
US GDP is growing at 2.5% substantially below historical average 4%.
Europe is growing at 1.3%.
Quote:China is so communist it is 2nd by number of billionaires after US.(November 5, 2019 at 9:10 am)Dmitry1983 Wrote: If Europe wants to grow as fast as China, it has to cut expensive social programs. Capitalism is the only way.China is anything but capitalist.
Stop reading propaganda.