http://www.cnbc.com/id/44007044

The notion that China is going to replace the United States as sole superpower is possibly the greatest myth of our time.

China lacks superpower qualities, and hasn’t discovered any in its mad dash into capitalism.

China may post impressive, bottom-line numbers, but key numbers are regularly omitted when touting China’s economic rise. In 2010, the IMF ranked China 94th in terms of GDP per capita, with $7,519. It ranked the United States 7th, with $47,284. Even the most vocal proponent of China’s impending hegemony, Martin Jacques, author of "When China Rules the World", concedes that roughly 60 percent of exports in China come from foreign companies. Foreign companies are responsible for 85 percent of all high-tech exports.

Nearly two thirds of China’s populace can be classified as peasants, and, by its own calculation, the Asian nation has the sharpest rich-poor divide in the world, a situation the Chinese themselves are deeply unhappy with.


Eightfish | Getty Images

There are literally tens of thousands of “mass incidents” each year in China, such as demonstrations and strikes. Such incidents regularly involve thousands of angry civilians and hundreds of armed police. According to China’s Ministry of Public Security, there were 87,000 such incidents in 2005, up from 74,000 in 2004.  MORE>>>

Views: 59

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

TOP CONTENT THIS WEEK

Latest Activity

Phyllis Maka posted blog posts
33 minutes ago
Larry Flinchpaugh commented on Larry Flinchpaugh's blog post United States Covid 19 virus statistics:
"Thanks Less."
1 hour ago
Chuck Smith posted a blog post

WASHINGTON THEATER PRESENTS- "TRUMP V THE DEEP STATE!" a never ending distraction. By Smithfix

(UPDATED 8/9/20)WASHINGTON THEATER PRESENTS- "TRUMP V THE DEEP STATE!" a never ending distraction.…See More
1 hour ago
Phyllis Maka commented on Phyllis Maka's blog post Confirmed! Beirut Port was nuked by the same Evil Elites That Nuked Fukushima
"OR ARE YOU THAT STUPID?"
4 hours ago
Phyllis Maka commented on Phyllis Maka's blog post Confirmed! Beirut Port was nuked by the same Evil Elites That Nuked Fukushima
"The emphasis is on the ISRAELI NUKING BUSINESS AS FOR FUKUSHIMA  THE ISRAELIS NUKED IN TWO…"
4 hours ago
Old Denmark posted videos
5 hours ago
Central Scrutinizer commented on Phyllis Maka's blog post Confirmed! Beirut Port was nuked by the same Evil Elites That Nuked Fukushima
"Class valedictorian with a 151 IQ, so no, was gonna ask you the same question"
6 hours ago
Central Scrutinizer posted photos
6 hours ago
Chris of the family Masters favorited Central Scrutinizer's photo
6 hours ago
Phyllis Maka commented on Phyllis Maka's blog post Confirmed! Beirut Port was nuked by the same Evil Elites That Nuked Fukushima
"Are you stupid?"
7 hours ago
Less Prone favorited Central Scrutinizer's video
7 hours ago
Less Prone posted a video

The Suicide of Europe

Europe is committing suicide. How did this happen? In this video, Douglas Murray, author of The Strange Death of Europe, explains the two major causes of Eur...
7 hours ago
Burbia commented on Central Scrutinizer's video
8 hours ago
Burbia favorited Central Scrutinizer's video
8 hours ago
Burbia favorited Central Scrutinizer's video
8 hours ago
Burbia replied to James Roberts's discussion Reason For Govt Support Of Riots
"Nothing these people do have a single purpose. Control of peoples lives seems to be a motivating…"
9 hours ago
Central Scrutinizer commented on Central Scrutinizer's video
9 hours ago
Central Scrutinizer posted videos
9 hours ago
Burbia commented on Central Scrutinizer's video
9 hours ago
James Roberts posted a discussion

Reason For Govt Support Of Riots

In one of Tim Pool's recent videos, he outlined this scenario -Mayors and governors allow the…See More
10 hours ago

© 2020   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted