China's rise has totally confounded people and ideologies.
The same people who were deriding Third World's critiques of Western investments (humbug), now fret that China will undermine the West through its investment.
The same people who were deriding Third World's critiques of Western investments (humbug), now fret that China will undermine the West through its investment.
Development specialists spent 70 years arguing in favor of transfer of technology from developed to developing nations.
Now they complain that China has been too successful in copying Western technology.
Now they complain that China has been too successful in copying Western technology.
People who resent any government social program in their own countries now argue that China should have more social transfers (in order to reduce population's saving for old age and increase consumption).
It seems like nobody even tries to be intellectually consistent.
