I do not think China would be so successful if not for the Democracy elsewhere in the world.
It is not Chinese citizens, with Chinese money, buying Chinese goods and supporting the Chinese economy. It is Americans and Europeans outsourcing manufacturing to China of American and European designs and selling mostly to Americans and Europeans with China taking a cut because they can do it cheaper than locally sourced manufacturing.
It really isn't that simple, of course every country has some R&D, some manufacturing and some purchasing. etc... But Expensive goods of almost any kind are American or European, if they are bought or sold. Even commodity goods aren't all made in China.
Their whole country is filling gaps that Western businesses leave behind. That isn't exactly "working", but it is clearly better than it used to be. If their citizens ever get freedom to run businesses like the west has, like they used to have in Taiwan, then China would be the economic superpower instead of just a major economic power. I don't think they can have that without democracy or something equally empowering.
It is not Chinese citizens, with Chinese money, buying Chinese goods and supporting the Chinese economy. It is Americans and Europeans outsourcing manufacturing to China of American and European designs and selling mostly to Americans and Europeans with China taking a cut because they can do it cheaper than locally sourced manufacturing.
It really isn't that simple, of course every country has some R&D, some manufacturing and some purchasing. etc... But Expensive goods of almost any kind are American or European, if they are bought or sold. Even commodity goods aren't all made in China.
Their whole country is filling gaps that Western businesses leave behind. That isn't exactly "working", but it is clearly better than it used to be. If their citizens ever get freedom to run businesses like the west has, like they used to have in Taiwan, then China would be the economic superpower instead of just a major economic power. I don't think they can have that without democracy or something equally empowering.