> > If you read Paul and Marty's rejoinder to their critics in Critical Asian > Studies, they make an important point about the unit of analysis. It should > not be the nation-state but the world economy. > Under capitalism, there are > winners and losers. China's gains have come at other nation's expenses.
I am inclined to agree with you, but it is not clear at whose expense has China grown? Which country do you think has suffered in parallel with China's growth? (The US has "suffered" but only in paper debt terms.) --raghu.
