[Marxism] China's growth accelerates in Q2

S. Artesian sartesian at earthlink.net
Fri Jul 17 07:10:46 MDT 2009


Talk about playing the jerk, Lueko, you take the cake.   Yes, Germany's 
exports/imports amount to more of its GDP than China's.  Nobody has said 
otherwise.

What is claimed is that the foreign invested enterprises dominate China's 
export import trade, claiming about 57% of each.

What is also claimed is that the FIE's account for 30% of China's industrial 
output.

You provide one reference to one auto company producing autos in China since 
1985 without a single reference to the value of that production, the value 
of the investment in production, and the changes in both over the years. 
Look a little closer at your Wiki reference-- 1980s-- 3 big joint ventures, 
3 small joint ventures.  Now look at the total FDI 1983-1990.  Look at the 
number of FIE's generated.  Look at the growth in exports.

There's more to an economy than a Volkswagen.

I'm sorry if you cannot understand what FDI means-- it is the most common 
term of usage, in English regarding foreign direct investment.

What would we say about any other country-- Russian, Mexico, Brazil if 57% 
of its international trade was owned by foreign enterprises, where 30% of 
its industrial output was owned by the FIE's?


----- Original Message ----- 
From: "Lueko Willms" <lueko.willms at t-online.de>
To: <sartesian at earthlink.net>
Sent: Friday, July 17, 2009 4:30 AM
Subject: Re: [Marxism] China's growth accelerates in Q2





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