If China followed the same capitalist path as Taiwan, would it have become as successful as Taiwan? Taiwan GDP per capita is more than double that of China. A true Asian success story.
No, it would have been even more successful than Taiwan. China before capitalism (pre 1978) China after capitalism (post 1978): China only started catching up to the West when it abandoned the centralized economy that other communist countries had in the 1950s and opened it up to the market economy in the 1980s. During the […]
We have to differentiate between “Western” democratic system and US democratic system because the US differs in a few ways compared to say Canada or Australia or Europe. US has a presidential system, where the head of government – the President matters far more than a prime minister does in a parliamentary system. In the […]
Things I like about Chinese people: -Hardworking -Ambitious -Confident -Willing to take risks -Brutal honesty Things I don’t like about Chinese people: -They lost their humility. Now they are too nationalistic, they always like to brag about China and how its better than other countries a lot, their cities, their food, their women etc and […]