Will China really take over?
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- mydo0
^ if we're just talking numbers, i think china will probably overtake the US in a few months won't it?
- I guess it depends what metric you use
http://www.marketwat…ukit
- I guess it depends what metric you use
- ukit0
I agree with mydo, I think there is a little bit of denial going on in the Western world. How do any of the things drgs mentioned make China, a myth or an illusion?
Hows this for a myth - sometime within the next decade or so China will officially surpass U.S. as the #1 economic power. That will be an interesting moment to watch.
- mydo0
There seems to be far too much attention in this thread to the communist state and the poor people at the bottom. don't forget the hundreds of millions of middle classes, and hundreds of thousands of millionaires, whom, like the west wield a lot of power.
Look further than the media spin, China's government is trying really hard to find a political system which is fair for everyone, environmentally friendly, uncorrupted and stable.
Middle classes just want good education for their children,
Millionaires want yachts not world domination.Don't believe the hype. What is happening here is far less bloody than our own industrialisation. And far more complex, as we didn't have CNN bitching about our cotton mills and beat downs.
don't buy Chinese? don't buy American? don't buy African? don't buy things made my humans? This government didn't set up the factory, your government didn't design and order the product, it's all people like you and me.
- less bloody because the chickens haven't come home to roost yet. they will.TheBlueOne
- Please give me % of china's middle class to it's poor, and it's geographical locationTheBlueOne
- And you;re using the China's Ruling Class's spin....TheBlueOne
- I don't get the critique - they have brought millions of people out of povertyukit
- At least the trendlines are pointing upward, as opposed to say in the US, right? :Pukit
- well, that is a valid point...TheBlueOne
- TheBlueOne0
I agree with drgz, China is an illusion built on a multitude of lies (that's not saying the US house of cards financial crony capitalism isn't either..)
But how soon do people forget that modern "China" is held together by a totalitarian, coercive state power through systemic violence, and has a millenia's worth of history of being a fragmented, internecine warfare filled geographical region.
e.g. Villagers in Minhou county, Fujian Province, fight against forced demolition.
- cannonball19780
When it comes down to it we owe China a lot of money and then we can be like "Nah bitch. I ain't paying."
- ukit0
Interesting article
http://www.bloomberg.com/news/20…
Four years ago, China’s leadership decreed that certain “pillar” industries, including automaking, telecommunications, mines, energy production and steel manufacturing, should be dominated by companies under government control.
Today, those newly assertive state-owned enterprises (SOEs) are snapping up domestic rivals, expanding their market share and elbowing aside Western investors such as the Washington- based Carlyle Group in the quest for assets. Their rise comes as China surpasses Japan to become the world’s second-largest economy, and has helped inspire a new school of thought called the Beijing Consensus, which holds that state-directed capitalism can help developing nations avoid the financial upheavals associated with free markets.
- drgz0
One of my friends works in China. He has 12subordinate engineers and 50 assistants of some kind. He and the assistants never talk to each other, he talks only to the engineers. The engineers are from many parts of China, but what's special about them is that their parents are either military officers or provincial party officials, etc. so by Chinese standards you wouldn't call them simple people. From them he learns about the real life of simple people in China.
He has a work visa and is allowed to travel everywhere where tourists are not allowed, except Tibet and the Uighurs, unstable areas. How he explains it:
There are so-called economic zones, where people still have rights. In all other areas -- only duties. Free areas are also the former territories of the CER (local ethnic groups, non-Chinese).
People in rural areas continue to multiply like rabbits. If you have more than one kid, the extra children will never have a passport, never go to school and would never be able to seek medical help. Ie, people who do not exist, who work in factories from the age of 6 literally for one meal a day.
All the statistics you read about China are based on the economic zones, not the industrial part of China, factories where even lazy europeans would keep 2 workers, in China they hold 50-100 employees for the stupidest tasks possible, only one them actually receives a salary, everyone else works for food -- literaly. People are in abundance like garbage.
If China is to transfer all of its production to its consumption, there will be only enough money to pay for it once, and secondly the prices of goods will be more expensive than in Europe and Japan.
China is a myth. Never buy anything Chinese, idiots.
I still own a Siemens TV with black and white screen - it has everything I need. Made in Germany, the farewell batch.
- I assure you that a vast majority of what you own is made in China!utopian
- even his dildo is most likely made in china. erm. i wouldn't know.ephix
- I handcraft everything I own from wooddrgz
- by wood he means the imported dildos from china. translation error.ephix
- damn, pretty interesting. drgz comment. not the dildos.IRNlun6
- People seem surprised by drgz's comment. China has been, always will be a fascist dictatorship country.74LEO
- sorry i didn't read it. maybe tomorrow.ephix
- jetSkii0
The only scare I have is having to speak and live in a country where I'd be forced to speak another language. Otherwise, I could definitely rock with more proper Asian girls and Dim Sum in this country.
- 74LEO0
The only reason china is such a capitalist force is because our governments allows them to be. We dont need a single thing they make..most of what they import to use we can make here. we are the only country that allows vested foreign interests to exploit out natural resources export them for refinement and production then re import to us at a profit.
haah haah our government is a joke. so you all should write your congressmen and women!
eol...
- seed0
What does it say about our ecomony when goods have to be brought in from overseas in order to be affordable? Is it a way to avoid feeling the true impact of inflation?
- you only just noticed?ephix
- I was hoping someone with more economic knowledge could elaborate.seed
- i don't recall any price changes. i believe the corporations are pocketing all the profits. cuz i dun see anyjetSkii
- ok, you, i mean your people want cheaper shit to buy. so your companies find cheaper ways. they find china. they build things cheap to a certain qualityephix
- things cheap to a certain quality. just like your phone support goes to india. except thats a much poorer quality.ephix
- JSK0
There was this other studio called Shingong Shuma Yingziang Design studio who I had to fight with. We used to get our bats and chains etc. They were aligned with Yuansediao Advertisment.
Those guys were killer
Then I met this guy named Chan Ho Nam and he helped us out fight them. I been following him every since. Here is our group photo.
- ahh you are from hong kong, right?ephix
- I wish. I am not even Chinese.JSK
- here we go again... dude you need to cut down on your drinking.ephix
- Old habits from Lan Kwai Fong days are hard to get rid of...JSK
- amenephix
- indeed. How are you doing? keeping clean? have you gone to visit some chickens lately?JSK
- oh Dinky i was happy reading your imaginary journey.. i wanted you to carry it further!!e-pill
- i only wellcome them from the supermarket.ephix
- i knew e-pill was keeping tabs on this! :Dephix
- Really? I tried with supermarket ones but they tend to be cold and frigid.JSK
- stay away from mongkok then.ephix
- ephix.. i thought you knew MrDinky is Korean from Canada.. his story rocks thoughe-pill
- hopefully north korea. that'd be quite a story.ephix
- stay away from mongkok then.
HAHAH so true....JSK
- maikel0
during many years powerful nations captured resources from others. in a product-based economy as previous centuries it was all about natural resources and goods.
now that the economy is driven by services or intangible products as a website, the knowhow is what is on high demand.
- vitamins0
I am also from Qiongzhong Lizu Miaozu
- JSK0
My father still owns the Xinkangfu Drug store. My mother's side owns the Qiongzhong Hongda Diannao Hongqi Speciality store. My cousin runs the Qiongzhong Xiancheng jiaqin Slaughtering factory near by.
- JSK0
ephix
I am from Qiongzhong Lizu Miaozu
- are you bored?ephix
- Never, just keeping self busy. Making buttons.JSK
- any chance you will really answer the question?ephix
- I am from North Carolina like ukit.JSK
- oh yeah, thats why you needed to get a visa and create a shit storm in your local office. makes sense.ephix
- dude come on man.JSK
- the dude didn't come on me. what are you talking about?ephix
- man I just laughed out loud. made me look like a fool.JSK
- doesnotexist0
good design still sells.
- JSK0
ephix
I run a small factory in Shenzhen, just north of Hong Kong, making small design buttons and drop down menus for various purposes.
