THE US IN DECLINE? GOOD MORNING FROM LONDON #202 28 APRIL 2021 Martin Wolf in todays FT argues that the US is not in decline. He notes that 7 of the 10 most valuable companies in the world are headquartered in the US; that 12 of the top 20 technology companies are based in the US; that the US has 7 of the top 10 Life Science companies and the US continues to lead in venture capital. Wolf concludes that provided the US remains democratic, free + open it will remain the most influential country “far into the future”. Is it wishful thinking? Wolf wants the US to succeed because he considers China a despotic state with an authoritarian government that oppresses its people by its refusal to embrace the principles of a Civic State. China suffocates free will — he asserts. Really? But the US is struggling to remain free + open. 75m votes for Trump + Trumpism in 2020. Wolf is complacent — wishful thinking instead of rational analysis. More to come. Hastags! #biden #chathamhouse #martinjacques #martinwolf #peternolan #sacu #trump #xijinping, #biden #chathamhouse #DailyComments #martinjacques #News #trump #xijinping Visit My Blog https://grahamperryonchina.com/

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My understanding of China is dethatched, objective and informed unlike most other commentators who political prejudices invade their writings.

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Graham Perry

Graham Perry

My understanding of China is dethatched, objective and informed unlike most other commentators who political prejudices invade their writings.

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