I give my views about the article in the Asia Time on the progress of China and its future challenges. The article was written by an Italian scholar who knows China well.
There is no real partnership between Russia & China. Russia (especially under Putin) is a geopolitical opportunist & simply seeks to play China against US & vice versa. In this case the enemy of my enemy is not my friend, but simply an opportunity to make use of. Russia won't shed blood together with China against the West.
There is no real partnership between Russia & China. Russia (especially under Putin) is a geopolitical opportunist & simply seeks to play China against US & vice versa. In this case the enemy of my enemy is not my friend, but simply an opportunity to make use of. Russia won't shed blood together with China against the West.
ReplyDeleteInvestors pay attention when they make choices to invest in a country - Costs, credit ratings,
ReplyDeletecurrency risk, country risks, how often are rules and policies flip-flopping, can they survive
and prosper and other wide ranges if their investment is wise or foolish. Almost everything
what you buy nowadays is Made-in-China (visible and proven). When companies invest, the need
for labor intensifies translating to good-paying jobs, which in turn creates wealth for the
people and country ( simple economics?). The best part is when wealth flows into the
the Republic coffers and the way this work is excruciating simple - GST can be banished.
And with a strong and prosperous middle class, and increased consumer activity leads to an
expanded economy and everyone ends up being better off rather than just selected.
The US fears that Made-in-China could eventually replace the developed Western countries
as the global leader in advanced manufacturing areas.
When people have high-paying jobs, means more children (higher birth rates.)
ReplyDeleteAging parents will be well-look after.
More marriages.
No need to chase paper qualifications ( plenty of jobs available.)
Can afford to buy spacious and comfort housing.
Good domino effect.
No good jobs cannot solve so many things. Just have to depend on handouts.
Some time back, we spoiled ourselves by replacing some pieces Ikea furniture with what we
ReplyDeletethought was good quality. We were told that the order would take 2 months as the shipment was
from overseas. As Picket & Rail is American, we automatically assume it would be from
America. After near 2 months, we were informed that the delivery date would be delayed. It
was only that we found out that the model we ordered was from China manufactured. HUH, not
another one 'Made in China.'
China's environmental record is disastrous, with growing public concern over air pollution.
ReplyDelete