Pine Barrens Mafia Posted May 26, 2005 Share Posted May 26, 2005 China has 320 MILLION people under the age of 14. That's more than the entire population of the US. 300 million rural chinese will move to the cities in the next 15 years. China will have to build the equivalent of Houston's infrastructure EVERY MONTH to keep up. More people use the Internet in China than in the USA. China has more English speakers than does the United States. China has more than 300 completely unregulated biotech firms. *** Like it or not people, we are going to be China's economic bitches within the next 20 years. Link to comment Share on other sites More sharing options...
Ghost of BiB Posted May 26, 2005 Share Posted May 26, 2005 China has 320 MILLION people under the age of 14. That's more than the entire population of the US. 300 million rural chinese will move to the cities in the next 15 years. China will have to build the equivalent of Houston's infrastructure EVERY MONTH to keep up. More people use the Internet in China than in the USA. China has more English speakers than does the United States. China has more than 300 completely unregulated biotech firms. *** Like it or not people, we are going to be China's economic bitches within the next 20 years. 345463[/snapback] Don't forget how much of us they ALREADY own in investments. Link to comment Share on other sites More sharing options...
Alaska Darin Posted May 26, 2005 Share Posted May 26, 2005 Like it or not people, we are going to be China's economic bitches within the next 20 years. 345463[/snapback] Yeah, because having a big population is always the key to economic success. Link to comment Share on other sites More sharing options...
VABills Posted May 26, 2005 Share Posted May 26, 2005 Yeah, because having a big population is always the key to economic success. 345478[/snapback] Hey New York state does a good job of attracting businesses. They are a BIG state. Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted May 26, 2005 Author Share Posted May 26, 2005 Yeah, because having a big population is always the key to economic success. 345478[/snapback] Too cold to think in Alaska today? Ignore the first stat. Concentrate on the ones relating to technical and business issues. Never mind that they already (I think) hold the largest single abmount of American debt and Dollars, and well, there you have it. Link to comment Share on other sites More sharing options...
Alaska Darin Posted May 26, 2005 Share Posted May 26, 2005 Too cold to think in Alaska today? Ignore the first stat. Concentrate on the ones relating to technical and business issues. Never mind that they already (I think) hold the largest single abmount of American debt and Dollars, and well, there you have it. 345498[/snapback] Sounds remarkably like Japan in the '80s. That all came to fruition, too. Or it didn't. Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted May 26, 2005 Author Share Posted May 26, 2005 Sounds remarkably like Japan in the '80s. That all came to fruition, too. Or it didn't. 345500[/snapback] Hold on there, buckaroo.... China has far greater natural resources than Japan does. Also, Japan pretty much wiped out the American electronics industry and has nearly 50% of the American car market. Link to comment Share on other sites More sharing options...
Alaska Darin Posted May 26, 2005 Share Posted May 26, 2005 Hold on there, buckaroo.... China has far greater natural resources than Japan does. Also, Japan pretty much wiped out the American electronics industry and has nearly 50% of the American car market. 345505[/snapback] They also have alot more downsides than Japan did/does. Both of those industries got exactly what they deserved. Have YOU driven a Ford lately? "Quality is Job 1" my ass. Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted May 26, 2005 Author Share Posted May 26, 2005 They also have alot more downsides than Japan did/does. Both of those industries got exactly what they deserved. Have YOU driven a Ford lately? "Quality is Job 1" my ass. 345512[/snapback] Namely? I'm of the mindset they don't have to make it to a level we are. They just have to improve a bit and the law of large numbers will do the rest. Link to comment Share on other sites More sharing options...
Alaska Darin Posted May 26, 2005 Share Posted May 26, 2005 Namely? I'm of the mindset they don't have to make it to a level we are. They just have to improve a bit and the law of large numbers will do the rest. 345517[/snapback] 1. It's run by old men who are more Leninists than Marxists. It's all about the power. 2. Continued economic prosperity will eventually lead to pressure for more political freedom - it always does. There's no way to open your markets and not have people learn how the rest of the world lives. 3. They've already opened the easiest growth sectors in their economy and that wasn't very hard. They simply stopped being stupid. Double digit growth can't continue forever simply because of the maturation process. 4. Their currency is pegged to the dollar and future growth will be dependent on foriegn investment. 5. They're already having problems with the peasants. 6. Hong Kong still exists and the longer it does, the shinier it is to the populace. 7. The Olympics are coming. Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted May 26, 2005 Author Share Posted May 26, 2005 1. It's run by old men who are more Leninists than Marxists. It's all about the power.2. Continued economic prosperity will eventually lead to pressure for more political freedom - it always does. There's no way to open your markets and not have people learn how the rest of the world lives. 3. They've already opened the easiest growth sectors in their economy and that wasn't very hard. They simply stopped being stupid. Double digit growth can't continue forever simply because of the maturation process. 4. Their currency is pegged to the dollar and future growth will be dependent on foriegn investment. 5. They're already having problems with the peasants. 6. Hong Kong still exists and the longer it does, the shinier it is to the populace. 7. The Olympics are coming. 345542[/snapback] The olympics? Expound, please, I'm in no mood to think today. Link to comment Share on other sites More sharing options...
aussiew Posted May 26, 2005 Share Posted May 26, 2005 I'm in no mood to think today. Well....I'm in no mood to think about being some Chinaman's B word. Link to comment Share on other sites More sharing options...
/dev/null Posted May 26, 2005 Share Posted May 26, 2005 1. It's run by old men who are more Leninists than Marxists. It's all about the power.2. Continued economic prosperity will eventually lead to pressure for more political freedom - it always does. There's no way to open your markets and not have people learn how the rest of the world lives. 3. They've already opened the easiest growth sectors in their economy and that wasn't very hard. They simply stopped being stupid. Double digit growth can't continue forever simply because of the maturation process. 4. Their currency is pegged to the dollar and future growth will be dependent on foriegn investment. 5. They're already having problems with the peasants. 6. Hong Kong still exists and the longer it does, the shinier it is to the populace. 7. The Olympics are coming. 345542[/snapback] 8. They need more cowbell Link to comment Share on other sites More sharing options...
Alaska Darin Posted May 26, 2005 Share Posted May 26, 2005 Well....I'm in no mood to think about being some Chinaman's B word. 345559[/snapback] Don't worry, you wouldn't feel a thing. Link to comment Share on other sites More sharing options...
erynthered Posted May 26, 2005 Share Posted May 26, 2005 This says alot right here Joe "More people use the Internet in China than in the USA." " China has 320 MILLION people under the age of 14" They'll want freedom. Link to comment Share on other sites More sharing options...
Tux of Borg Posted May 26, 2005 Share Posted May 26, 2005 This says alot right here Joe "More people use the Internet in China than in the USA." " China has 320 MILLION people under the age of 14"They'll want freedom. 345570[/snapback] That's how i see it. I don't think there will be a civil war, but things will change. Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted May 26, 2005 Author Share Posted May 26, 2005 This says alot right here Joe "More people use the Internet in China than in the USA." " China has 320 MILLION people under the age of 14"They'll want freedom. 345570[/snapback] I'm hoping so, but even if the Chinese democratize, they'll be a huge competitor economically for our nation, IMO. Link to comment Share on other sites More sharing options...
Alaska Darin Posted May 26, 2005 Share Posted May 26, 2005 I'm hoping so, but even if the Chinese democratize, they'll be a huge competitor economically for our nation, IMO. 345586[/snapback] Just like the Soviet Union, huh? Democracy is a process and infant democracies are just like teenagers. They want what they see out there but aren't patient enough to get it. Link to comment Share on other sites More sharing options...
erynthered Posted May 26, 2005 Share Posted May 26, 2005 I'm hoping so, but even if the Chinese democratize, they'll be a huge competitor economically for our nation, IMO. 345586[/snapback] Where did you get those stats Joe, they're pretty interesting. The right kind of competition can be a good thing, no? Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted May 26, 2005 Author Share Posted May 26, 2005 Where did you get those stats Joe, they're pretty interesting. The right kind of competition can be a good thing, no? 345592[/snapback] Reading a book by Ted Fishman about it. It's called "China Inc." Pretty sobering stuff. Link to comment Share on other sites More sharing options...
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