Category: Economic development updates

Updates relating to positive developments towards a just world economic order

China’s Success Throws Free Market Ideologues Into Crisis

Feb. 13 — In the Jan. 29 issue of Bloomberg Businessweek magazine, an article titled “What if China Really Is Exempt from the Laws of Economics?” very aptly captures the consternation/ constipation imposed on the intellectually impoverished proponents of standard academic economics by the astounding development of China. Author Michael Schulman gets far more points […]

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China’s Poverty Reduction Even More Impressive

Feb. 13 – Wan Guanghua, the principal economist at the Asian Development Bank’s Economic Research and Regional Cooperation Department, said that more impressive than China’s remarkable economic growth is its successful campaign in reducing poverty. “It is reasonable that China’s success in poverty reduction is usually attributed to its rapid economic development in the past […]

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GBTimes Interviews Helga Zepp-LaRouche on China’s New Silk Road and Europe

Feb. 16 – GBTimes is a multimedia news site, based in Finland where it was founded by Chinese entrepreneur Zhao Yinong, and which refers to itself as a “bridge between China and the rest of the world.” It published the following interview with Helga Zepp-LaRouche on Feb. 16: China’s ambitious plan to link itself with […]

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China Is Preparing for Manned Missions to the Moon

Jan. 27 -In 1971, the Apollo 15 crew left a retro-reflector on the Moon. It is a passive instrument, and just reflects laser pulses from Earth back to Earth. The time–very precisely measured–of he return pulse, indicates the distance between Earth and its nearest neighbor. In all, three reflectors were left on the lunar surface […]

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Egypt: Fresh Vegetables Grown in the Desert

Chinese company, Sinomach Heavy Industry Corp., is building what is described as the world’s largest greenhouse complex in the Egyptian desert. The site is within two hour’s drive from Cairo, CGTN reported yesterday. The complex, which when complete will consist of about 3,000 greenhouses, will grow vegetables and fruit, such as tomatoes, cucumbers, eggplants, and […]

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Wang Yi to China-Celac Summit: BRI Cooperation is the “Golden Key that Unlocks a Brighter Future for Both Sides

Jan. 25 -In his opening speech to the Second Ministerial Summit of the China-CELAC Forum, held in Santiago, Chile on Jan. 22, Chinese Foreign Minister Wang Yi laid out an exciting perspective for the future of relations between these two regions of the world: China and the Latin American and Caribbean nations (LAC), the latter […]

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The U.S. Must Join China’s Belt and Road In Developing The Caribbean and Central America

  Schiller Institute founder Helga Zepp-LaRouche made the following comments on Jan. 16, 2018. Concerning the controversies around what President Trump did or did not say, we absolutely have to remain on the high ground, which means emphasizing Lyndon LaRouche’s “Four Laws” and that the United States must join the New Silk Road.  Now, what […]

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One-Third of Global GDP Growth Past Year Occurred in China, According to UN Report

The Chinese economy alone contributed about one-third of global growth in 2017, as measured in GDP monetary terms, according to the “World Economic Situation and Prospects 2018” released last month by the United Nations. The UN report points to the transformation which the Chinese economy has undergone, from the former global leader in cheap mass-producted […]

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