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China's Development Model, page-2

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sahmee

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01/02/24

07:33

Post #: 72174901
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Originally posted by bikemad: ↑

Ben Norton gives a comprehensive report on China's development model of "industrialization" and how it differs from the US and European (IMO including Australia) "de-industrialization". Ben highlights the areas of the respective models. The major China banks are all state owned directing funding industrial development. The west's focus is on financial speculative instruments that lead to speculative bubbles.
There is a lot more in the video for Australia. Worth watching.

(968) China is now the 'world's sole manufacturing superpower'. How did it develop so fast? - YouTube

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excellent. thanks bikermad

people may not know... Australia has a political party that's been advocating for this economic model for a long time

https://citizensparty.org.au/
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