BRI, RCEP, CAI to strengthen China s world economic, geopolitical position CGTN | Updated: 2021-01-06 14:20 Aerial photo shows trains at the Nairobi railway station in Nairobi, capital of Kenya. [Photo/Xinhua]
Editor s Note: Ken Moak taught economic theory, public policy and globalization at the university level for 33 years. He co-authored the book China s Economic Rise and Its Global Impact in 2015. The article reflects the author s opinions and not necessarily the views of CGTN.
China s economy emerged bigger and stronger in 2020 largely because it effectively curbed the COVID-19 spread within a few months of its emergence and imposed a series of stimulus packages, culminating in the only major economy to register 2 percent growth in that year. The West (and a big part of the world), on the other hand, contracted between 5 percent and 10 percent, in large part, because it mishandled and misjudged the serious of the pandemic, resulting in a second or
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