Saturday, November 14, 2009

Should the world be concerend with the rise of China?

Uh, yeah. Starting about 10 years ago.

Should the world be concerend with the rise of China?
No.





Red China is having serious problems handling capitalism with its corrupt infrastructure.





Red China doesn't have the strong banking, credit, skilled-workers, or financial institutions to efficiently run its captialistic machine the way it is done in Western Europe or the United States. Red China does not have a democratic or capitalistic tradition.





Keep in mind that Red China is still RED - it is a very communist country and China's present government has no idea of giving up its communist power structure nor Marxis/Maoist philosophy. Red China is simply using capitalism as prescribed by Karl Marx, and is using economics as a form of quiet warfare against the west. China also has had problems with Quality Control of its products, banking, and credit companies.





Red China has its capitalism contained into 'zones'. But it will not maintain its capitalistic means of production at a high level for many more years. Already companies are leaving China and moving to India for cheaper labor and cheaper energy.





Eventually all this capitalism will return to the USA as the United States develops cheaper energy, cheaper labor, and maintains its high standards.
Reply:Considering that well over a third of the world's raw materials are now going to China (steel, aluminum, copper, etc.), I think it's clear that we've created a giant. Now whether that giant is benevolent or a monster as they rule the global economy has yet to be seen. There is little doubt that the 21st century will belong to Asia in as big of a way as the 20th century belonged to the US. The question is what they will do with that power.





At this point, the concerns for me are:


Poor (but improving) human rights record


Rapidly growing consumption of energy


Poor environmental record





On the plus side:


China does not have a history of expansionism like the Japanese or Germans


China had done much to mitigate future environmental consequences with population control


China has not increased its military budget relative to GDP as significantly as many other nations in the region


China seems content dominating the global economy at this time without flexing it's military might
Reply:Sure, as they rise it will have an impact on world economies. Usually the top economy of the world has an impact on all the others.
Reply:i reckon so


.....more people fighting for limited resources





not a good cocktail for people getting along
Reply:We should be concerned with their lack of pollution controls and general human rights.
Reply:Building submarines and bombers, they will challenge us


soon


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