Talking of capitalism, China economic growth is the slowest in 25 years according to BBC. As it is obvious, China's growth seen as a driver of the global economy. However, the slow growth turns out to be a major concern for investors around the world. I like this metaphor about China and and its impact on the global economy used in this article:" It has become a financial markets cliche- when China sneezes, the rest of the world catches a cold". It explains it all. http://www.bbc.com/news/business-35349576
Tuesday, January 19, 2016
Talking of capitalism, China economic growth is the slowest in 25 years according to BBC. As it is obvious, China's growth seen as a driver of the global economy. However, the slow growth turns out to be a major concern for investors around the world. I like this metaphor about China and and its impact on the global economy used in this article:" It has become a financial markets cliche- when China sneezes, the rest of the world catches a cold". It explains it all. http://www.bbc.com/news/business-35349576
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This is a great story, Zulfia. One of the reasons why Marx's work is still relevant today is in thinking through places like China where the current economic boom resembles that of the industrial revolution in Britain. Thank you for sharing!
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