
The Fiat Yen
By THE NEW YORK SUN
|The People’s Republic’s maritime GDP is now $1.4 trillion, nearly 8 percent of its total output.

Recent news of a 6 percent expansion of Communist China’s marine gross domestic product is noteworthy. China’s marine GDP is now some $1.4 trillion, roughly 7.9 percent of its total economic output. Among other matters, this growth has bolstered Beijing’s coast guard in size and gall, prompting such aggressive actions as those seen against the Philippines. It has expanded its illicit fishing activities and territorial maneuvers.

By THE NEW YORK SUN
|
By LAWRENCE KUDLOW
|
By BENNY AVNI
|
By THE NEW YORK SUN
|
By JOSEPH CURL
|
By ALEX ZDAN
|
By MATTHEW RICE
|
By BRADLEY CORTRIGHT
|Recent news of a 6 percent expansion of Communist China’s marine gross domestic product is noteworthy. China’s marine GDP is now some $1.4 trillion, roughly 7.9 percent of its total economic output. Among other matters, this growth has bolstered Beijing’s coast guard in size and gall, prompting such aggressive actions as those seen against the Philippines. It has expanded its illicit fishing activities and territorial maneuvers.
Already have a subscription? Sign in to continue reading
Cancel anytime
By continuing you agree to our Privacy Policy and Terms of Service.