[lhuang]

I'm not sure your boat analogy applies in the world of economics.

Many nations have the ingredients for a robust economy; skilled labor, an abundance of resources, etc. but that doesn't guarantee anything.

A more apt analogy would be cooking. Simply having the right ingredients and throwing them in a pot won't magically transform them into a delicious dish. It takes a skilled chef to elevate individual ingredients to a combined dish.

There is a reason the Chinese economy has grown unchecked for the past 20+ years, surviving this recession and the 1997 asian financial crisis, while comparable economies took dives.

I could write paragraphs on why China's economic growth can be contributed to CCP policy but frankly there is enough documentation readily available on the web - much of it written by western academics.

To start, you can read about CCP policies on SEZs, exchange rate, NPL reform (once 20% of its total loan portfolio!!!), and its huge investments in green tech. The last of which is so much smarter than what our representatives in government are doing here in the states.