| drivel. yunnan is rural historic farm area, next to tibet, it's not supposed to have mcdo. did author cry he couldn't get shake shack in tibet? Are they leading in solar panels? wow ... almost like cheap labor and non-existent pollution control makes manufacturing real cheap. Did you hear they're also mining and burning more coal than ever, despite the west's alleged 150 year advantage. But let's forget that. we can totally trust china to remove coal by 2030 like promised. we call china "emerging" because most (numbers, not the average) of its people make less than 10k per year. most of its rich people aren't investing in stocks or bonds. the government still needs to direct investment in large swaths of society, that is why china earns its "developing" label. do you think china's courts are developed? we call them emerging or developing, because they haven't shown to be independent yet and they issue political rulings like in some ... developing ... banana republic. that's why it's called developing. their institutions aren't particularly ... instituted. misleading calling china leader in heat pumps ... yes cheap heat pumps. good for them. but volume doesn't mean good, everyone likes cheap stuff. china makes 5 year government plans public, what is this 20 year plan he talks about? what is the success rate of these public plans? remember, they promised to control coal and reduce usage by 2030. small countries like singapore becoming more authoritarian by copying chinese politics isn't the bragging win you think it is. |