Chapter 395: The U.S. economy is dying
The Chinese Empire began to withdraw capital, and overseas Chinese returned to China on a large scale, which made the investment boom in the Chinese Empire add to the fire.
The money that overseas Chinese will earn is invested in the stock market and some individual organizations' investment projects.[]
Similarly, a large number of overseas Chinese returned to the local area, which also stimulated the growth of domestic demand.
At this time, the domestic demand of the Chinese Empire continued to be very strong on the 1st, especially the fastest growth rate in the inland areas. In this large-scale lending, the inland areas benefited the most, and the economy in the inland areas has developed rapidly and greatly changed the distorted state of the economic distribution of the Chinese Empire.
The eastern coastline accounts for a very small part of the empire's territory, and the empire's territory has expanded sharply to the west, and at this time it has expanded to the Caspian Sea.
In general, the economy of the Chinese Empire became more and more backward, and the basic conditions became less developed.
The ecological environment in the central region is very good and suitable for population living. Most of the western regions are not suitable for large population living, and the ecological environment is fragile, and some areas have poor living conditions.
However, the western region is rich in minerals and has many underground resources.
The current investment boom in the Chinese Empire is mainly manifested in the transfer of a large part of the coastal economy to the central region.
Due to the economic prosperity of the western and northern regions, the industrial and mining industry has gradually developed, and the mining needs of industrial and mining have driven the construction of transportation facilities.
The population movement of the Chinese Empire is manifested as large-scale movement of coastal areas to inland areas, while part of the population is moving towards the empire's border areas.
In particular, the empire will regularly organize immigration in areas with weak economic development and large populations, and each immigration has very preferential policies.
For example, when you go to a certain student in the border area, you can distribute it to houses, land, etc.
Generally, farmers who immigrate to the border areas are allocated to cultivated land, and each household has at least three western acres. There are a lot of land on the borders of the empire at present.
If the land is divided into less, the personal output value cannot be increased, so naturally the distribution is more. Anyway, the land in the border areas is not valuable.
Workers work in frontier towns and all have houses assigned.
Under the organization of the empire, the border areas quickly became enriched, strengthening the empire's defense density in the border areas.
The empire's construction industry developed rapidly on the 1st, and on the 1st of 1928 it was the largest proportion of the three major economic support. The development momentum of the automobile manufacturing and electrical manufacturing industries was even more rapid, and it would not take long to catch up with the construction industry.
Life is the eternal theme, and economic development is inseparable from life.
What people need most in life is just houses, cars, and electrical appliances, then marry a wife, have a few children, then wait steadily to hold your grandson, and finally reach the end.
Therefore, the best things that drive the economy are houses, cars, electrical appliances, and these are large items, and small items are light industrial products, such as clothes.
Next is agriculture, which is related to daily food and drink and is a consumable.
Houses, cars, and large electrical appliances are not consumables, they may be used for decades. Therefore, when these things are complete, there are not many things that can be consumed, and then the economic growth rate will slow down. This is the main reason why the economic development speed in developed countries is slow.
In developing countries, because they have to build a large number of houses and citizens have to buy cars and electrical appliances, the economy has developed rapidly.
Just like the Chinese Empire, the economic growth rate is much higher than that of the United States every year.
To a certain extent, it is not that it is better than the United States than the United States. After all, the United States has developed for a long time and experienced several investment booms. Therefore, its infrastructure is better than China and they have accumulated some, but the population gap cannot be ignored.
The economic development competition between China and the United States has caused the United States to suffer the most. The population is because China has productivity that is not worse than the United States, and is even higher than that of the United States in many aspects.
At this time, the distribution of wealth in the Chinese Empire was relatively fair, which greatly stimulated the growth of domestic demand.
The Chinese people generally do not have houses, cars, and electrical appliances. After all, they are a country that has just left the J-Japanese era for just seventeen years.
Chapter completed!