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China does the best it can under current situation

1Interviewed by Sputnik Radio,Geraci argues that: “Chinese’s model is indeed a system that is not in touch with the modern world, but it is the best system for China because China lives in a different era, because China’s level of development is not comparable with what we have in other parts of the world. It is like a country that lives a century earlier, but the system that China has now is probably the best for China in this historical moment. We should be careful when we criticize China on monetary policies as we may find out that they are actually more reasonable than those of ECB and FED.”

 

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