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August 11, 2005
Daily linklets 11th August
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As always, great links. I particularly enjoyed the top two. "China's Economic Growth" by Richard Fisher is one of few superb economny articles published recently.
I was relieved that Mr. Fisher mentioned purchasing-power-parity as you'd have gone to America and spanked him had he not.
Two "Little China" statistics jumped off the page for me: the U.S. has 19,497 airports; China, just 126 and on a straight U.S. dollar basis (not adjusted for purchasing power parity), their economy is roughly the size of California’s, 1/30 of US PER CAPITA GDP.
Amazing fugures.posted by: Martyn on 08.11.05 at 07:09 PM [permalink]
A bit of perspective always helps. The difference is China's growth rate is more than double that of the US, but it is going off a much, much lower base.
I talked about this a while back...here they are:
andposted by: Simon on 08.11.05 at 07:19 PM [permalink]
Thanks, will chekc them out.posted by: Martyn on 08.11.05 at 07:23 PM [permalink]
The best linklet ever,