tag:blogger.com,1999:blog-5235419263414453422.post8112708687972686813..comments2024-02-23T01:30:06.101-08:00Comments on Early Warning: Uncertain Coloration of Chinese FlagsStuart Stanifordhttp://www.blogger.com/profile/07182839827506265860noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5235419263414453422.post-71600950376736523112010-03-26T04:07:18.463-07:002010-03-26T04:07:18.463-07:00Some interesting stuff by Dian L. Chu about China,...Some interesting stuff by Dian L. Chu about China, worth the read:<br /><br />A tale of three Swan Songs:<br /><br />http://dianchu.blogspot.com/Manolohttps://www.blogger.com/profile/13630492236752920246noreply@blogger.comtag:blogger.com,1999:blog-5235419263414453422.post-83524344425665898202010-03-25T13:31:12.900-07:002010-03-25T13:31:12.900-07:00Listening at the moment to the FT 2006 Book of the...Listening at the moment to the FT 2006 Book of the Year: <a href="http://www.amazon.com/China-Shakes-World-Troubled-Challenge/dp/0618705643/ref=cm_cr_pr_product_top" rel="nofollow">China Shakes the World: A Titan's Rise and Troubled Future -- and the Challenge for America.</a> Great stuff, here's a pertinent excerpt:<br /><br /><i>In Germany,<br />for instance, state expenditures came to 47.8 percent of GDP in<br />2004. An accurate figure for China is more difficult to calculate because<br />of various categories of quasi-governmental financing, such<br />as funding by state banks for state infrastructure projects, which<br />is not normally included in the official figures. Nevertheless, narrowly<br />defined Chinese state expenditures, as a percentage of gross<br />domestic product, come to less than half of German levels.18</i><br /><br />Perhaps that will be of guidance in nailing down this figure. Also: Chancellor wrote a terrific book on speculation, Devil Take the Hindmost.KLRhttps://www.blogger.com/profile/00691172491186270514noreply@blogger.com