Few people realise that the successful rebuilding of countries like Germany, Japan, after World War II, and the subsequent spectacular growth of ASEAN countries and now China have all come about mainly due to American support and patronage. All these economies have achieved their growth and prosperity by exporting primarily to the American market made available to them by America, on favourable terms. In addition they have had access to the best technology, human resources etc. enabling them to develop on their own. Most importantly they were all financed primarily by American money and global financial capital. Thanks to America, China, over past 3 decades has received over US$ 55 trillion of funds. These include US$ 40 trillion of mainly external debt. Capital invested in China via American and global capital markets is US$ 14 Trillion Foreign Direct Investment (FDI) in excess of US$ 1 trillion. China is a country on steroids , mas...
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