Bob Lamb Posted October 9, 2004 Share Posted October 9, 2004 How to play statistics with really big numbers: http://www.suntimes.com/output/otherviews/cst-edt-ref09.html Short cut to the end: "Before China can become an effective competitor to the United States, it must first overcome its Maoist legacy of corruption, inadequate infrastructure, weak financial institutions and the political rigidities of a one-party state. This last problem could be the most intractable. Local and regional party officials still hold great power and are loath to give it up. Attempts to curb such power and abuses could produce the two things the central government fears most -- political instability and a slowdown in the foreign investment needed to fuel the Chinese economic miracle." Plus - an economy very dependent on "filthy" coal http://www.usembassy-china.org.cn/sandt/Liaoningweb.htm Link to comment Share on other sites More sharing options...
BadDad Posted October 10, 2004 Share Posted October 10, 2004 How to play statistics with really big numbers: http://www.suntimes.com/output/otherviews/cst-edt-ref09.html Short cut to the end: "Before China can become an effective competitor to the United States, it must first overcome its Maoist legacy of corruption, inadequate infrastructure, weak financial institutions and the political rigidities of a one-party state. This last problem could be the most intractable. Local and regional party officials still hold great power and are loath to give it up. Attempts to curb such power and abuses could produce the two things the central government fears most -- political instability and a slowdown in the foreign investment needed to fuel the Chinese economic miracle." Plus - an economy very dependent on "filthy" coal They will overcome all the obstacles that you mention Bob, and our blind disregard for the threat that China poses to us transends party lines. I have no Govt. contacts only business and the ones I have in China discount the premise that they don't know what they're doing. http://www.usembassy-china.org.cn/sandt/Liaoningweb.htm 62870[/snapback] Link to comment Share on other sites More sharing options...
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