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Are you?

Last week I read sth here in Brazil about Chinese economy, 9% per year of NGP, an ascending country in every area of industry and lots American (and European) companies are, according to the reading*, moving up to there.

Does not it worry you? Waht do you think about that? Will the "Chinese way of life" (if there's one) be the XXI's century one?

That's it!

ie - B r a z i l


Megazine "EntreLivros, ed. Duetto, edição especial sobre a China"

2006-11-06 02:07:56 · 4 answers · asked by Anonymous in Social Science Economics

4 answers

No, I am not worried. In fact, I am quite happy. Chinese people have been exploited by their governments way too long; they deserve some reward for their hard work.

Will the "Chinese way of life" be the 21st century's one? No. Just like the American way of life never was the dominant one in the 20th century.

You are laboring under a mistaken assumption that increase in one country's wealth is somehow threatening for other countries. In fact, the opposite is true. Take China, for example. The country runs a large trade surplus. The dollars it accumulates go mainly in the U.S. bond market, driving interest rates down. As a result, home ownership in the U.S. is at its historic highs...

2006-11-06 04:23:54 · answer #1 · answered by NC 7 · 0 0

Why worry?
This is a great time to invest in China. I'm not from China but I know people all over the world are making $$$ from investing in China. China is moving from a developing country to a just developed country. The huge NGP is commonly seen in such phases.

2006-11-06 02:48:07 · answer #2 · answered by Schizophrenic 2 · 0 0

I am an Asian myself but not Chinese but for improving their economy, I would say it's about time. they were once called the Dragon of the East and they should live up to this title considering how huge their country is...and their culture is so unique that goes back how many b.c. before other countries were created....theirs is where most of other Asian countries' culture and traditions originated from and a great influence as far as successful business strategies is concerned, no doubt about it...they excel on this industry, making money....

2006-11-06 02:15:04 · answer #3 · answered by ladyhawke 3 · 0 0

yes i want america to always be the worlds no.1 country

2006-11-06 02:11:28 · answer #4 · answered by bell 4 · 0 0

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