Stig Östlund

torsdag, januari 20, 2011

Why China Does Capitalism Better than the U.S.

One of the great ironies revealed by the global recession that began in 2008 is that Communist Party–ruled China may be doing a better job managing capitalism's crisis than the democratically elected U.S. government. Beijing's stimulus spending was larger, infinitely more effective at overcoming the slowdown and directed at laying the infrastructural tracks for further economic expansion.

TIME

Read more:  http://www.time.com/time/world/article/0,8599,2043235,00.html?xid=thepage_newsletter

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