While visiting the Solomon Islands our Prime Minister made these comments in response to questions at a doorstop interview.
[Australia welcomes the economic growth and advancement of China; with their economy, their record in lifting people out of poverty is second to none. It is one of the most extraordinary achievements of the modern world and something they can claim due credit for.]
Not good enough ScoMo. China has like a parasite got fat on the Western Economic System developed over centuries as I outlined a year ago – China has comprehensively gamed the West 6Jun18.
Added 29Jun19 – This chart shows how wrong ScoMo is – reveals the relative failure of the “China Economy” for decades compared to two more capitalist neighbours. Mao’s Great leap forward – Cultural Revolution. Any western economic apparatchiks could have been hired to run China and would have produced better results than the murderous zealots who were in control. The chart(large version) also reveals the two oil shocks and the 1997 Asian financial crisis.