Chinese GDP explained and “Diversify your portfolio” dictum. Tim Brian Tufuga

Simple economics...GDP Explained in Chinese.


A very simple dictum, people, "diversify your portfolio", as opposed to the one dimensional state planned sovereign wealth macroeconomic investments, essentially, in this macro-economic and micro-economic definition, the Chinese economic perspective for global influence expansion is not too dissimilar to the colonialist Mercantilism ideals.

Political ideology becomes blurred and confused here depending on a macro or micro application of the dictum. Insofar as, applying GDP formula in sovereign wealth investments in geo-political externalised regions outside of Asia, the Pacific Region is of high value interest for the Chinese for resources acquisitions such as fishing waters for the Chinese Food Security needs, as well as the sphere of influence dimension.

The quid pro quo arrangement for the Pacific Island Nations is simple, the Chinese want to expand their friendly posture to the region to gain a foothold on potential natural resources, such as favourable terms for law of the sea decisions for fishing waters rights within the Pacific region, and in particular within overlapping Economic Exclusive Zones of the respective Pacific Island Nations.

In a geo-political post-Colonial perspective, countering the Pax Americana era, is the Chinese muscling in on traditional American and Western Colonial areas of influence, in an attempt to supplant and to assert a new regional hegemonic diffusion, towards Asia, and, in particular, towards China.

In view of the "diversity of portfolio" dictum we can see that the mixed market system approach to Chinese global influence is not macroeconomic-centric but is more in line with an utilitarian and realpolitick perspective of the nascent rise of the Dragon in the Pacific Region.

Tim Tufuga

22nd May, 2018

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