In US no one get fired for failing to contain COVID19! 6 Guangdong China officials sacked for management loopholes in COVID-19 prevention that caused cluster infections by Global Times Mar 12 2022
From Russia-Ukraine War, US Mafia will re-examine those allies not backing US 100% will consider reclassifying them as enemies 因俄烏戰爭, 美國黑手黨將重新審視那些不盲目地支持美國的盟友會考慮將他們重新歸類為敵人.
China is accelerating its contribution to global growth – In current dollars, China’s contribution to world growth increased 1.48%, 7.81%, 14.99%, and 46.57% in the last four decades中國正在加快對全球增長的貢獻 by Fu Minjie 3-13-22
Fu Minjie(付敏杰) is an associate researcher at the Institute of Economics, Chinese Academy of Social Sciences
In 2022, China sets an economic growth target of around 5.5 percent, which is the lowest in the last decades. Since 2010, China’s economy has been slowing down, arousing concerns among some economists. Based on international comparative studies, Fu Minjie believes that the context of the country’s slowdown is the “lost decade” of the world economy. Moreover, from 1980 to 2020, China’s economic contribution to the global economy accelerated spectacularly and was not affected by the economic slowdown since 2010.
Key points
The ten-year average of China’s GDP growth rate decelerated from 10.38% in 2000-2010 to 7.19% in 2010-2020, a deceleration of about 30%. In the same period, the world’s economic growth dropped by 70% (current dollar) and declined by 30% (constant 2010 dollar). It reveals a common issue in the world, i.e., a sluggish economy, especially the economic stagnation in developed countries.
In current dollars, China’s contribution to world growth increased 1.48%, 7.81%, 14.99%, and 46.57% in the last four decades 1980-1990, 1990-2000, 2000-2010, and 2010-2020.
Measured in constant 2010 US dollars, China’s economic contribution to the global economy has been as high as 36.18% between 2010 and 2020, up from 4.84% during 1980-1990.
China’s contribution to world economic growth, as measured by 2017 purchasing power parity, has also been increasing. From 5.7% in 1980-1990 and 11.21% in 1990-2000, it increased to 21.94% in 2000-2010 and 28.21% in 2010-2020, although the acceleration slowed down.
The contribution made by the US to the world economy peaked in 1990-2020 and dropped by half during 2010-2020. Summary
Since 1978, China’s economy has been deeply integrated into the global economy. According to Fu, the country’s contribution to the world economy, and thus its influence on the world, is not only credited to domestic economic policies, but also to international factors. Observing the slowdown in China’s economic growth alone tends to lead to pessimistic conclusions. Actually, the rise in China’s economic contribution and the acceleration of the technological catch-up in the post-2010 economic slowdown scenario show the strength of China’s GDP base and growth trend, which is what will underpin China’s economy for the next three decades.
2 heads of States, US asked Philippines to beat the war drums against China, Duterte said you go first I followed, US left; US asked Ukraine to do the same, Zelenskyy said sure, Russia sent in army, US left refused to send in even 1 soldier to help! 2國元首,美國要求菲律賓總統敲響對華戰鼓,杜特爾特說你帶頭, 我跟著, 美國逃跑了. 美國要求烏克蘭總統也這樣做, 澤連斯基拿著一個勇字向俄羅斯打響戰鼓, 俄羅斯出兵,美國逃跑不敢出一兵一卒. 有這種笨蛋做總統不亡國真的天無眼!
Laurie Segall was eating oysters with a venture capitalist in San Francisco, in the United States, when she learned, to her shock, that polyamory and sex parties were ordinary among the Silicon Valley crowd. 在美國舊金山和一位風險投資家一起吃牡蠣時,令她震驚的是,一夫多妻制和性愛派對在矽谷的人群中很常見.