Gandall and his bros of the moment Roberts and Starrs bloviate about foreign companies in China and their exports. It is just a snippet of economics with no overall framework.
So let us throw in one more snippet. The chart shows exports as a percentage of GDP. As you can see, China's exports are a decreasing portion of its economy. This trend has been in effect at the same time that foreign corporations have become increasingly frustrated at doing business in China, making a profit, and repatriating the profits. The contradiction between the Chinese monopoly capitalism and Western monopoly capitalism is intensifying. Another snippet. China's National Bureau of Statistics reports for 2023 (US$million): Total Value of Exports of Foreign-funded Enterprises 965,334 Total Value of Imports of Foreign-funded Enterprises 827,554 and Total Value of Exports 3,379,044 Total Value of Imports 2,556,941 When it comes to the position of China's state and private capitalists in the world economy, Gandall, Starrs, and Roberts are basically blowing smoke. https://www.intereconomics.eu/contents/year/2024/number/6/article/the-development-of-china-s-exports-is-there-a-decoupling-from-the-eu-and-the-us.html -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#35388): https://groups.io/g/marxmail/message/35388 Mute This Topic: https://groups.io/mt/111336789/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: marxmail+ow...@groups.io Unsubscribe: https://groups.io/g/marxmail/leave/13617172/21656/1316126222/xyzzy [arch...@mail-archive.com] -=-=-=-=-=-=-=-=-=-=-=-
