China is growing up.

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Thanks!

 

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China is certainly the rising power today. With the second biggest economy in the world, it appears that China will be the second most powerful nation in the world if it is not already that.

 

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Thanks for the article. It was a good article and it explained the structural inefficiencies of China’s industry and her complete dependence on FDI, but I still don't buy the premise of that article that China isn’t a great state yet. What he neglects to point out is that China is the driving force in Asia for economic growth, and its insatiable demand for commodities is hurting the US economy very badly. China already is South Korea’s and Taiwan’s largest export partner, and within the next 2 years or so Japan will depend on China more then the US for export growth. He ignores the Chinese market, the Chinese consumer, the huge amounts of savings that the average Chinese has, the $430+ billion China has in FOREX, and the article is missing a lot of things that tell a different story about China. It’s a good article but not good enough to change this posters mind about China’s relative economic power. The numbers don’t lie, for all the implications of the article the US is not prospering from a relationship from China, rather this relationship by the looks of it seems to point towards overaccumulation. Also he doesn’t mention at all the dependence that TNC’s and even other states have on China to muscle up their profits. Much was missed in that article…

In fact, the United States and China are developing precisely the type of economic relationship that U.S. strategy has long sought to create. China now has a stake in the liberal, rules-based global economic system that the United States worked to establish over the past half- century.

But China is not exactly what the US wants now is it? China is not the democratic state, with open access to her markets, China is a very one sided story, and I think this quote gives to much credit to a mediocre American policy towards China. I wouldn’t imagine that for 50 years American policy makers were saying to themselves “let’s become economically dependant on cheap Chinese labour”. Granted that China is now a firm partner in Globalization, but that doesn’t indicate that this is in America’s very best interests.

 

hi everyone in here
i am chinese here
and i think you shoud all come here to have a look at this new land
we are changing,not only the country
our people are changing
i am now 17 years old,and my major is ECONOMICS ...lol i am new in the collage
and have found our schools have changed great a lot
i am here in china and saw all the great chang here
and chinese are not like before---we have lots of thoughts of you west ppl
we china are in the earth too
we no longer just grow up in east asia
we think about things more in the way of the future and the global
and TAIWAN ---no better what happens we chinese must and we can make it back to us.and when we have to make a choice,we all chinese ppl in the world will fight for TAIWAN,even we will lose our lives
so compare with the economics,we know what we want 1st.
/p.s. my english is so bad....lol

 

Cyco: I like to hear your thougths on "us" westen people, what do you think of us Europeas and the North Amerikans?

p.s. dont worry to much about your english

 

cyco.rEal

Do you consider (as an economics major) that a invasion of Taiwan to be the best thing for China’s economy? Also how about the growing gaps in the "communist" state btwn the rich coastal regions and the poor interior? Also how about the 100 million people who are floating around China, and most importantly the HUGE amounts of money wasted on State owned industry and the way the banks give billions to support these non-performing organizations? I would like to hear your opinion?

 

Your thorough and cogent analysis has convinced me.

 

as uknow,we do have sum problems in our economics ,but they are also our sociall problems.in last 10 or 20 years we have many rich ppl who make their money by the chances when we 1st open our doors to the world,but its not the regular way they make money.they dont have the knowledge and ability to run such a big buisiness.now ,we chinese pay more attention on our education.the race of students getting the high education (i am now going to collage) in my province has reached 60% and that in last year is 45%.we are making our steps to have our growing more corractly and swiftly. we have about 13,billions ppl ,and the poor ppl probllem reeeeally trouble us.and this begins after we join the WTO rapid.and i am now think bout this question.(we can talk about it later)
LAst,our goverment is really not good enough ,but its in china,we dont have whiz!
we must chang it slowly ,i belive we can reeach the goal.
TAIWAN---its always our pain in our hearts,would everyone do me a favor to talk about this not in a economical way!it has nothing to do with it!TAIWAN is TAIWAN!
its ours,its chinese!no matter what we have pay for TAIWAN's return,we swear we will get it back.
i think many western ppl dont really know what chinese think.you can understand our new country from me.

 

cyco.rEal

Well you are entitled to your opinions but you still haven’t answered some of my more important questions, I will ask them again:

Do you consider (as an economics major) that an invasion of Taiwan to be the best thing for China’s economy?
The growing gaps in the "communist" state btwn the rich coastal regions and the poor interior?
The 100 million people who are floating around China, unemployed, and the de-industrialization of the Manchurian region?
The HUGE amounts of money wasted on State owned industry and the way the banks give billions to support these non-performing organizations?
The environmental crisis your state faces with low water tables, and having 9 of the worst polluted cities on Earth?

 

Yeah, I'd like to hear this too if you don't mind.

 

How about Mongolia? Their population is a lot smaller, and you had their land during the Qing dynasty. Why not just reconquer it right now? And what about your Ussuri territory, where the Russians built Vladivostok? Don't you want that piece of land back too?

 

"china",america's worse headache that remains untreated
where its gona end?
answear=chinatown traditional medicine!!!!!!!