China is now the 'world's sole manufacturing superpower'. How did it develop so fast?

"China is now the world’s sole manufacturing superpower", a mainstream European think think has acknowledged. Ben Norton explains China's historic growth and development model, and how the Chinese socialist market economy works.

|| Geopolitical Economy Report ||

[sandhyache]

Lifting 800 million people out of extreme poverty is historically more significant than building a pyramid or a Taj Mahal.

[FlashpointKing]

An old Chinese man once told me that he started life out making cheap wooden plastic toys for pennies and hardly enough to eat and today his children go to university, build microchips and AI. He said his generation give their lives so their children would never know the great humiliation. It's always stuck with me, what they have done in 50 years is incredible.

[nmew]

US production of Propaganda news is also counted as GDP in service sector

[arunanarina]

Well done Dragon 🇨🇳👍
From your Asian Brother,
Indonesia🇮🇩

[louiserobinson]

With 4 out of 5 of the world’s richest persons in the US, its GDP per capita is severely distorted. It also highlights the inequality in the US where the super rich gets richer while the number of homeless Americans grows

[ftft]

Napoleon stated, “Let China sleep. For when she wakes, the world will tremble”. How prophetic!

[victorteo]

China lifted 800 million from poverty, India lifted 127 million from poverty. How or when is the US going to help the homeless and poor? Instead of helping Ukraine and Israel, with American tax payer money? With $34+ TRILLIONS IN DEBT, with $1 TRILLION IN INTEREST ALONE!

[PerceivedREALITY]

China leads in 37 of 44 technologies tracked in a year-long project by thinktank the Australian Strategic Policy Institute.

[F_Liu]

In the West, capital has primacy, the interests of capital are what dictate political decisions, whereas in China political decisions are what dictate capital.

[annleeloveskitten]

As Chinese, my understanding about China's achievements during the past decades is that besides strategic planning of the government, average Chinese's hard work also plays a role.
In China, most grandparents and parents work their ass off so that their offsprings can live a better life. Being frugal themselves, they accumulate wealth for future generations.
Those who make much bigger contributions to China's growth, I think, are elite scientists and researchers who spent their whole life working on infrastructure and heavy industry projects during the years when China was being targeted by both the US and USSR. Those projects might not seem to be directly related to today's economic achievement, but without them, China's security would have been compromised and China would not have had the opportunity to develop.

[lluow]

I remember back in 2000 there WAS a heated debate on how much percentage of economy should be private in China. Unlike what western watchers usually claim, Chinese leadership closely studies and adopts various western economic theories including liberal economics. There’s a period when Chinese academics were heavily influenced by the free market theories. However years of lessons have taught CPC that never ever put all eggs into one basket ie never rely on one single theory to develop economy. that’s why CPC names its economy as socialism with Chinese characteristics. I’m glad their prudence turns out to be correct.

[mkuczrr]

Your reporting is far better than anything by our main stream media. Thank you.

[nvmffs]

This literally educated me more than 5 years in university did.

[wardlynds]

When I first came to China 25 years ago, I was at an English Corner in Nanjing. During this English corner, the topic of Chinese technicians getting their education in China, going to the USA, getting their higher degrees and then staying there. Someone said that these people are not coming back to China. Someone else at the back of the group called out: “We are” and, as he said, we are coming back. He felt that the future for these people was here in China.

[xelkim]

True patriot takes criticism well. Ben you are a real American, god bless you

[CMC-ogiz]

With great respect and appreciation to Ben Norton for his most excellent report, which so clearly and concisely explains how and why China has so quickly become the 'World's Sole Manufacturing Superpower". Thank You!

[therenegade]

Most americans and people in in the West in general need to watch this video to get educated.

[EqualityforAllHumansNow]

While USA focused on making wea pons china was focusing on its economy.

[ZweiZwolf]

It's always useful to bring up India as the counterpoint to China. India is repeatedly said to have the advantages of the worlds largest population, the world's largest democracy, the world's largest working age population. Yet, capitalist India is nowhere near China in terms of GDP (nominal or PPP), foreign reserves, human development, pollution control, middle class consumers, industrial production, or technology development. If democracy and capitalism are so good at building national wealth and power, India shouldn't be so far behind socialist China.

[shambalkaran]

Us developed through slavery genocide and agression