Showing by Example

摘要

China’s development in just two generations shows how poverty can be tamed with pragmatic projects.WHILE the Western world complains about economic growth slowing down,soaring inflation,supply chain problems,and worsening living standards,China has presented a record of success,notwithstanding the COVID-19 pandemic.China’s GDP grew by 8.1 percent in 2021,and trade in goods increased by 21.4 percent despitethe trade friction with the U.S.The economy is stable,the Chinese market continues to open to foreign enterprises,and Chinese enterprises,especially startups,are encouraged to invest in new innovative products.The market is transforming to support a digital economy,with regulations in place to restrain monopoly and unfair competition.