Thursday, 17 November 2011

China Bashing

I am currently reading Jeffrey Sachs's Common Wealth. A good book (though with obvious flaw of being written pre-financial crisis and therefore predicting worldwide economic growth to continue for years - I have yet to decide whether this fundamentally undermines his hypothesis.) He unfortunately falls into the same trap about China and its terrifying global economic and environmental impact.  


In fact, the concern about China is not economic it is entirely political. If the area, population and economic activity of China were split into several political entities people would be much less concerned about its economic and environmental impact. The fact is that if you look at all the statistics about China (for instance GDP or carbon dioxide output) and divide them by its population it will be minuscule compared to doing the same for the US. 

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