> > They should export high-value manufactured goods, just like Eastern
> > Europe and protect their agricultural markets from competition, just like
> > the US, the EU, and Japan do.
>
> How can they do so? Could you explain more? It is easier said than done.
Tax imports, subsidize exports, and soak the rich and spend on industrial development, education and infrastructure. For the details, study the recent economic history of Taiwan, South Korea, and Singapore.
> Do you think the reporters are wrong [about Russia]?
Yes. In China, everyone knows that you have to read between the lines when you read the official press; in the West, the press is run by giant corporations, so you have to read not just between the lines, but also between the videoscreens.
-- Dennis