China's rapid growth over the past 30 years has won worldwide attention, and China efforts to battle global economic downturn since late 2008 have drawn global praise.
China's miraculous growth is by no means luck by chance, and it is the path of development with Chinese characteristics, which is clear and explicit, and suits the country perfectly.
According to data from World Bank (WB) and United Nations Development Programme (UNDP), 20 economic entities in 168 countries and regions worldwide witnessed rapid economic growth between 1978 and 2008. Among the 20 economies, 13 of them implemented the Five-Year plan. Furthermore, eight among the world's top ten fastest growing economies carried out the Five-Year plan. China, in this context, is the world's fastest growing economy and the best performer in terms of Human Development Index (HDI) improvement.
Again, I don't expect any of you to be surprised by the news. But it is rather important news. And though expected, it just really underscores why we needed a president who cared about the US economy. Barack is clearly not concerned about anything but getting his big donations (from corporations that ship all the jobs out of the country).
This is C.I.'s "Iraq snapshot" for Monday: