China soon will overtake the US as the world's most powerful economy .

Discussion in 'China' started by Zanman, Jan 17, 2005.

  1. Zanman

    Zanman Member

    Shaggie, this is important so I started a new thread.

    The security issues are the least of our worries.
    China IS the future ... 1.4 billion people who score an average of 6 IQ points higher than us on standardized tests? They work for 30 cents an hour and are dedicated to the Party ideal - no problem with teamwork.
    Economically China has been growing at 14 percent a year, for at least 8 years! Have you checked out Shanghai recently - downtown looks like Manhatten without the hookers.

    Our present trade deficit with China is one billion dollars a week.

    All that holds up our US currency is that people here and abroad continue to believe the illusion of the mighty US dollar, the fact that the dollar prices oil so that all oil purchases must be converted to dollars, and the fact that many countries hold too many dollars to dump ‘em fast – there’s maybe two trillion out there in Europe and Asia - Holy Jesus its enough to make you religious man …

    Next year China will begin exporting Chinese-made cars to the US, the “Chery”, which will retail for about six grand here for a compact, 3k under the nearest Kia rival. They have a closed society and no issues with Moslem-based terrorism. They have no worker’s comp, no unions to worry about, no ACLU idiots to deal with, no need to care about “diversity” or similar politically-correct crap.

    Ten years from now? You had better have your money out of dollars and in the Chinese renminbi/yuan or gold.

    Twenty years from now China will be the strongest economy on the planet by far. I reckon India is not far behind ... I was recently in New Delhi and they want to kick our collective asses, believe me. The US will probably be down there with current math scores ... 18th or so.

    There is no way to stop this and everyone knows it, well maybe not everyone.
  2. BlackGuardXIII

    BlackGuardXIII fera festiva

    I am not worried. If China becomes the economic leader of the world, good for them.
    I just hope that all the worlds nations soon choose to join together to help all those who now are dying needlessly of starvation and curable illnesses.
  3. artful_dodger

    artful_dodger Member

    If China does become an economic leader without that wealth being more equally shared among the citizenry, there is going to be a huge and bloody revolution.

    I have a friend who, every time he reads about some human rights violation in China mutters, "Eventually, the Chinese are going to figure out that there's a billion citizens there."

    The totalitarian regime there is already starting to fall apart. Through the internet, many Chinese citizens are beginning to learn about their own history. Did you know that most Chinese no nothing about the Tienamen Square Massacre? Through free exchange of information, a stronger resistance movement is taking shape. Does anyone else here participate in's circumventor project? Very cool stuff.

    Which brings us to the next question: what will happen to the US economy when Chinese citizens revolt and will no longer accept inhumane working conditions? WalMart alone accounts for 10% of China's exports to the US. The loss of cheap goods will have a profound effect on all aspects of American life.

    Personally, I think it'll be a pretty fucking bumpy ride, but, in the end, it will help alleviate Americans' hyper-consumptive habits.

    *fingers crossed*
  4. Quetzalcoatl

    Quetzalcoatl Banned

    There is every reason to believe China already has the largest economy in the World (and has for some time)
    They do no submit their GDP for our eyes hehe.

    Yes, China is going to be the most powerful economy on Earth (if not already) and it will cause tremendous social changes in the USA, Canada and other Nations.

    Just watch all the fucking 'Free Market' Capitalists turn to the Japanese model of Socialised Capitalism faster than you can say 'hypocrite'.

    Personally i think its awesome and I welcome it - since North American Economy innovates NOTHING but a hamster-wheel of comsumption for the sake of consumption.

    ANY change please!
  5. TheMadcapSyd

    TheMadcapSyd Titanic's captain, yo!

    Had the nationalists won the Chinese civil war, I think China would already head on head with the US in both military and economic power.
  6. Zanman

    Zanman Member

    Well recently I was in Hong Kong, which as you know is now under Chinese rule, although at “arms length”.
    The people there, while prosperous, are terrified, and you can hardly get anyone to even acknowledge that Communism is a crock let alone dare criticize the Regime. Terror is what props up the Chinese Communist Tyranny over its subjects. The Chinese leadership is very clever though, allowing prosperity through slavery while taking the credit for it. These are smart men who run that country, and very patient men too ... your friend probably knows they will wait a thousand years or a minute, it is the same time for the Chinese.

    And Walmart should be ashamed of itself for it’s cynical destruction of small business in the US. Don’t hold your breath waiting for an apology from Walmart though … those bastards don’t give a crap who suffers as long as profits are up.
  7. Ole_Goat

    Ole_Goat Member

    The major bug in this scenerio is Taiwan. Beijing's position is that Taiwan is a breakaway province. Beijing wants it returned to its control and their patience is wearing thin. Whenever the Taipai government releases a statement concerning a possible permanent independence from Beijing, Beijing replies with either a sharp confrontational statement of its own or holds naval exercises unconfortabley close to the Taiwanese shores.

    The Three Gorges Damn is more than half way completed. This will go a long way taming the economic drain of periodic Yangtze River flooding, provide much needed electrical power deep in the interior of China, and allow deep water frieghters 1000 miles inland - to Chungching (where Gen Stilwell had his airforce bases during WWII).

    Eventually they will possess Taiwan. The longer they wait, the more time allowed for their economy to grow sufficient to weather any international storm should the acquisistion be by force. But then again, the acquisition is by a Socialist country engulfing an Asian version of the U.S economy. Any outcry will be short lived and just for apperances only. Too much would be at stake and be lost angering Beijing at this point.
  8. Ole_Goat

    Ole_Goat Member

    An additional thought...
    North Korea is by choice a retched country for the common folk living there. Nice enough if you're a member of the ruling elite. As a country with very little, they have very little to loose.
    China is becoming a country will a sustained market economy, albeit a Socialist inspired economy. Soon they will have plenty to loose. Beijing may not wish to have their economy and their intensions for Taiwan mucked up by some crazy assed pint sized physcopathic meglomanic dipwad.
    Difficult to predict, presently, the distance China will go restraining North Korea. And how long North Korea will allow itself be restrained by its much larger neighbor.
  9. Zanman

    Zanman Member

    I totally disagree. The US will never allow the Mainland to re-absorb Taiwan, regardless of their claim to the “province”, mostly because this would definitely destabilize the entire area, and Japan would then embark quickly on a nuclear program, which they could accomplish in a matter of months.

    It is why there is ALWAYS a US carrier-fleet in the vicinity.

    All the players know this though so it won’t happen – the Chinese leadership may be a bunch of old farts who are decrepit and corrupt but they are not stupid...

  10. sweet_dream

    sweet_dream Member

    No one mentioned China's impact on the global environment, especially into the future. My father is actually in contact with China's trade and infrastructure ministry. They are reporting some staggering statistics. For instance, cars. Chinese people are just wanting to trade in their bikes for personal cars. The car sales per year is increasing exponentially. Last year it was 15 million cars sold in China, and they are in the rapid growth curve right now. Just imagine what it will be in 20 years. And they have very little oil, and they are running out of coal. Almost all of their electricity is generated with coal. They are now beginning to import low-grade coal from Europe and America with sulphur and other pollutants, and they don't yet have scrubbers on their coal fired power plants (my dad is helping them get pollution controls on their power plants). Still this will take its toll on the earth's atmosphere because of all the greenhouse gases. They claim to not being able to afford safe nuclear power or solar power, but are trying wind power. They are squeamish about experimenting with exotic or untested alternative energy technologies because they are afraid of the costs. If China wants to extend their growth and prosperity in harmony with the rest of the world decades into the future, however, they had better start getting way more aggressive with researching and developing new innovative energy and transportation technologies and living habits or else they (and the earth's environment) could be in serious trouble very soon. The Three Gorges Dam is definitely a good start, but they need to figure out how to get their whole population running on renewable energy somehow. Probably easier said than done, but not impossible.
  11. shaggie

    shaggie Senior Member

  12. Zanman

    Zanman Member

    Good point ... not just China though ... I recently travelled to several large cities in India (like there's a small one!). They too are getting ready to park their bikes in favor of motor-bikes and cars. Most of their cars and taxis just belch out smoke continually. New Delhi's skyline is a brown haze and in winter you can barely breathe due to the pollution.

    I wore a white shirt and tie one day and drove the city all day to several meetings. That night in my hotel I saw a thick black mark around the shirt collar - I threw the shirt away because there was no way you could ever clean it properly.

    If you have never been to a third-world country it is a real eye-opener - they couldn't care less about pollution. Yes this is going to be another huge problem in the future ...
  13. Quetzalcoatl

    Quetzalcoatl Banned

    In case we were wondering... ..the reason for the rise in the price of gasoline was due to a sudden huge demand from many 'former third world' nations.
    Namely India.

    One thing about it - Western Nations went through Industrialisation first.. then their pollution phases.. and finally now rich enough to talk about cleaning up.

    The other nations will do the same things. They are just a few year 'behind' (so to speak) in their industrialisation

    But ya.. I did some work for a mainland China company and from what I can tell from that alone - China is about 5-10 years away from becoming THE economy in the world.

    It not really that much different than Japan 30 years ago.. except China is much much bigger

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