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As several previous commenters have pointed out, the point is not just to understand accounting (we already have too many accounting explanations, I believe), the point is on how to move an economy forward.
Aug 30 04:18 am
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All Comments by Responsibility »Book Review: Making Sense of the Dollar, by Marc Chandler [View article]
The points are on how to "offer attractive opportunities for foreigners to invest in their country" and on how to compete in continuing development, not to blame Nucor, but to have more of those "carpenters" who know what to do with new tools, as pointed out by another commenter.
On the last point of alleging to "China will suffer for over-promoting growth of exports" is just as misplaced as some one alleging to "US will suffer for over-promoting of world trades". Problems come about not because of "exports" or "world trades", but because of deficiencies some where else, such as in competitiveness, and appropriate management and government controls. Competitiveness is required for success in exports.