huangthomas

Yet Another Huge Economic Number Coming out of China. Hard to Believe

"People who never step foot in China does not know China well enough". Chinese space scientists have never been to the space. Please don't repeat the line like an 0xym0r0n.

Being in China, they may read in the local publication that the unemployed migrant workers are 25 million (19% of 130 million "farmer-workers), instead of 20 millions published by agriculture department. Agriculture department doing survey and statistics of unemployment? What is National Bureau of Statistics doing? The unemployment rate in Xian is 16%, not 4.2% reported by Residential Registry. Speaking of advantage of being to China???

I visited certain institutions in Shanghai sometime ago. Several young scientists told me that all American consultants telling them that no one will trust their data and no western academic publication will publish them. I wonder why? That is very discouraging to young Chinese scientists!

The Economist In One Bite

May be the US can learn something from 19 century global power Great Britain. Economy is a mean of solving geopolitical conflict without resorting to military confrontation. Fiasco in Iraq should teach us something.