CSPAN3 Heritage Discussion On Chinas Economy And Trade July 14, 2024
You get people saying, well, but the increment to china gdp is so large that ive been trying to use National Wealth as an alternative indicator. Its hard to we have a great series. If you want to know how the u. S. Economy is doing, look at the Federal Reserve series on net National Wealth or net worth of households. Its more informative than gdp. Its hard to do that for some other countries, especially large countries like china. If you use their data, they say from the end of 2013 to the middle of 2018, chinese wealth grew 26 to near 52 trillion. Thats a 4 1 2 year period. In the previous fi...
Source: archive.org
