
China’s economy in 2024 continued to far outgrow the U.S.
China’s GDP growth rate in 2024 of 5.0% compares to the U.S.’s of 2.8%. China’s was therefore 80% higher than the U.S.
China’s GDP growth rate in 2024 of 5.0% compares to the U.S.’s of 2.8%. China’s was therefore 80% higher than the U.S.
Instead of the chimera of general “de-dollarisation”, the correct Marxist strategy of development pursued by countries such as China should be taken as the model to be studied.
Despite the fact that China’s economy continues to far outgrow all major Western economies the Western media is energetically promoting a myth of “peak China”.
China’s economy, as it heads into 2024, has far outgrown all other major comparable economies. This reality is in total contradiction to claims in the U.S. media.
To understand how China’s socialism has achieved such great improvement in living conditions, the factual account must take precedent.
Those arguing the case for “peak China” propose that China should voluntarily commit economic suicide. That it should abandon the methods that have made it the most rapidly developing economy in the world and adopt the methods of the less successful.
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