No I don't agree and I don't think you could be any more wrong than what you posted.
China is poised to be the 800 pound gorilla in the room in just a few more years. The sheer numbers of Chinese who are coming into a middle class economy will be the driving force of the Chinese economy as the growing middle class want it's share of the world's products.
Already, 5 million new cars go on the road in China every year and that number will increase by double or triple in the next few years. Chinese wages are going up and the chinese products are getting to be of a higher and higher quality.
What I wonder is, just how Americans will feel when they suddenly wake up and discover they are playing second to China on the world stage.
2006-09-09 05:25:34
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answer #1
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answered by Anonymous
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it is real some human beings are boastful, yet once you think of "intense boost" = "good financial equipment" you're an fool. China has a protracted way earlier they have a superb financial equipment. If the U. S. might end identifying to purchase chinese language crap, the chinese language financial equipment might sense a considerable dent. human beings making an investment in China are additionally stupid because of the fact their government would desire to turn around each time and nationalize each and all the capital. that's what happened interior the 40's in my united states of america of foundation. human beings got here, invested, extra their money from the U. S. and began agencies, and then the communists took all of it away.
2016-12-12 05:24:15
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answer #2
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answered by Anonymous
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I know they are growing, but I recently heard it is not as fast as most thought. This is a good article (link below). One of the things it mentions is China IS growing and has done well, but will face a major lack of resourcesissue to contiune the intense rates. Basically, it says China has great potential, it is far from locked it in. Kind of like you mentioned.
I forsee CHina invading the middle East for oil, while we ween ourselves from it. (just in time to not get invloved ;) )
2006-09-09 06:14:28
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answer #3
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answered by Wig 3
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China Its the fastest growing economy in the world. Only thing is that with a Billion people population little is noticed within its borders.
2006-09-09 05:29:34
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answer #4
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answered by tiger 4
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I don't agree.
The growth is huge. And believe me, they are experience growing pains to with the non-communist expanding class system, the rampant pollution and endangerment of the population and increasing poverty levels in the booming cities as peasants flock in to try and find work.
The US borrowed something like 85 billion dollars from them, we are in debt to China.
But please don't think that China is a threat. It'll take decades for them to pull themselves into the modern world and look beyond their own borders.
2006-09-09 05:28:43
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answer #5
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answered by wrathofkublakhan 6
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No I don't agree. China has massive economic growth year after year.
2006-09-09 05:25:44
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answer #6
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answered by Anonymous
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No ,it is not exaggeration . China already owns most of our debit . In 20 years they will own us and be the greatest power and they didn't have to fire a shot .
2006-09-09 05:30:49
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answer #7
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answered by Anonymous
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U cant deal with the idea of China getting powerful right????
Do u remember the fable of the turtle and the rabbit??
2006-09-09 05:28:04
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answer #8
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answered by Anonymous
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No..
China is experiencing HUGE economic growth...
2006-09-09 05:24:28
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answer #9
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answered by Anonymous
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no it's economical growth is real, we owe them billions in trade. they have 4-wheel drive clubs, cell phones, fancy jeans, you name it they got it. it's a small percentage of the people for now, but it's growing fast. watch out for china!!
2006-09-09 05:26:21
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answer #10
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answered by jpknute1 3
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