Study: Christianity Plays Decisive Role in China’s Economic Boom

A new study in the China Economic Review exploring the impact of religious beliefs on economic development has found that “Christianity has the most significant effect on economic growth” and that the steady increase of Christianity has played an important role in China’s economic rise. The study by Qunyong Wang of the Institute of Statistics […]

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We’re Number Two

The fact remains that Main Street is in trouble. The nation requires an economy in which new businesses are created and existing ones can afford to expand. That is not happening By Alan Caruba The U.S. was the world’s number one economy prior to World War II, but it took off bigtime after the war […]

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Why China’s rich are escaping China

Pollution, tainted food and education are causing many of the country’s wealthy to flee, survey finds. Earlier this year, the best company at surveying the rich in China announced that more than 60% of the people it surveyed had already immigrated to another country, or were considering doing so. The question for the Hurun Report, which […]

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Wealthy Chinese home buyers boost suburban L.A. housing markets

LOS ANGELES– The overflow from China’s economic high tide is transforming the housing markets of suburban Los Angeles. Affluent Chinese home buyers are driving prices past boom-era peaks, spawning a subset of property brokers and mortgage lenders that cater to their distinct needs — and even dictate design details in new subdivisions. The strongest magnet […]

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How Democrats Destroyed American Jobs

When Bill Clinton signed off on the North American Free Trade Agreement and the General Agreement on Trade & Tariffs in 1993, otherwise known as NAFTA/GATT, he quite literally slashed the economic throat of the United States. We’ve been hemorrhaging jobs to foreign nations like Communist China ever since. Until 1993, the United States of […]

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China surpasses US as world’s largest trading nation

China became the world’s largest trading nation in 2013, overtaking the US in what Beijing described as “a landmark milestone” for the country. China’s annual trade in goods passed the $4tn (£2.4tn) mark for the first time last year according to official data, after exports from the world’s second largest economy rose 7.9% to $2.21tn and […]

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