The Enigma of China's Growth

Abstract

China's economic development and success has been widely misunderstood and treated with perplexity. This overview of the Chinese economy provides an analysis of the drivers of the country's growth and crises, including industrialization and the agrarian question.

In a fix: Africa’s place in the Belt and Road Initiative and the reproduction of dependency

“…Building on the achievements of the period 1949-1978 in terms of a comparatively strong and literate rural labour pool and wide-ranging transport networks, China's capitalist take-off saw the Chinese economy expanding at an average of 9% per year. 13 As China's growth policy was based on the 'world's factory' producing goods for export, the need to endlessly plough a significant amount of the surplus generated back into the manufacturing sector became a focus of policy. The growing bourgeoisie that emerged in the reform period (and who had been welcomed into the party by Jiang Zemin in the Three Represents formulation) exercised growing influence within the party-state and allied with the managerial elements located in the remnants of the state-owned enterprises (SOEs).…”

Socialist Romania and the Futility of Cold War Analysis

“…It is interesting to note, in this context, that China's GDP growth, despite the "Great Leap Forward" and the "Cultural Revolution," was, over all, higher than in the USA and just about as high as it is today. Indeed, in an important sense the basis for the current market-oriented expansion in China was determined by the previous Maoist expansion (Long and Herrera, 2018). At the same time, both Cuba and China have been rather authoritarian with personality cults of their own, but their economic and social achievements, in some areas, put several Western liberal states to shame.…”

Research on the evaluation of economic vitality of districts in Beijing on experimental and mathematical statistics analysis

“…Economy is the top priority for the development of a region (Kleynhans, 2021), and economic vitality not only represents the current level of economic strength, but also indicates the development trend of the economy in the next few years, so it represents the ability and potential of economic development in a certain period. A region with strong economic vitality should be extremely attractive to increase productivity and innovation capacity through the introduction of talent and enterprises (Long Zhiming, 2018). Therefore, economic vitality is not only determined by traditional indicators such as GDP, but also reflected in the return value brought in talent innovation and investment (Monechi, 2021).…”