Saturday, August 14, 2021

Success of China and future challenges

 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.

http://tklcloud.com/Feedback/feedback2.aspx?id=4677


5 comments:

Anonymous said...

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.

Anonymous said...

Investors pay attention when they make choices to invest in a country - Costs, credit ratings,

currency 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.




Anonymous said...

When people have high-paying jobs, means more children (higher birth rates.)

Aging 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.

Anonymous said...

Some time back, we spoiled ourselves by replacing some pieces Ikea furniture with what we

thought 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.'

Anonymous said...

China's environmental record is disastrous, with growing public concern over air pollution.

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