Friday, May 21, 2010

Whats the future of china economically?

Are they going to keep rising in wealth, if not explain why?

Whats the future of china economically?
Looks good until about 2020 in which they will enter the retirement cycle - estimated 1 billion to retire within 20 years. They are also having problems with state subsidies (oil and food) and inflation. These problems if handled correctly should be minor. The stock market will devalue and correct within two years . . . again not major if handled correctly. China's main economic "problem" right now (it's also the problem that effects the U.S.) is the currency value. Estimated 30% under value. This will be a big problem within the next five years and will be potentially devastating for China's poor (still a huge percentage of the overall population).
Reply:Very, Very rosy.....that good job your dad had...its over there now
Reply:It's real good, we've given them all our manufacturing jobs, many of our sales jobs, and are starting to give them our engineering jobs.
Reply:i went to shanghai last year from this visit i realized that they will continue rising in wealth as they r hard workers, they do have recourses HR and Natural recourses, they do have the system that manage this recourse, a very good political vision , and they just started to gain the fruits of this improvements.


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