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What do you think we can learn from China's insane economic growth?
30 years ago, China was poorer than some African countries. 20 years ago, China had a smaller economy than the UK. Now, though? China is an industrial and economic superpower. Its economic growth has still not slowed down even now, and China has one of the fastest growing economies in Asia, only really rivaled by Laos and Vietnam, 2 countries with very similar political/economic models. China has arguably had the fastest economic growth in human history, and it's been insane watching it happen firsthand
What do you think we can adopt from China's experience to produce a similar economic miracle? Do you think an African country will ever experience an economic miracle like this? And do you think China's economic/political model (state capitalism under the management of a Marxist-Leninist party in a one-party country) could ever work in Africa, considering its success in other countries?
30 years ago, China was poorer than some African countries. 20 years ago, China had a smaller economy than the UK. Now, though? China is an industrial and economic superpower. Its economic growth has still not slowed down even now, and China has one of the fastest growing economies in Asia, only really rivaled by Laos and Vietnam, 2 countries with very similar political/economic models. China has arguably had the fastest economic growth in human history, and it's been insane watching it happen firsthand
What do you think we can adopt from China's experience to produce a similar economic miracle? Do you think an African country will ever experience an economic miracle like this? And do you think China's economic/political model (state capitalism under the management of a Marxist-Leninist party in a one-party country) could ever work in Africa, considering its success in other countries?
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