[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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