I don't understand this "rise of China"

last SG · 2010-05-04T08:46:55+00:00

Every one of those shit factors the Western nations also did during their "rise" as well, way more bloody than anything the Chinese had done so far. Then y...

As romanista2001 SG

another truth is if US and Europe - their combined economies go downhill................China also will go down..............China is just hanging onto their coattails all becoz of their cheap cheap cheap labour and produce

if the Angmohs go broke, who's gonna buy stuff from China ? all the factories will close and China goes into depression....................don't say China, Japan also mati ah...............

As romanista2001 SG

That's not the strength of the Indian economy.

The hidden power of Asian giants in India and China lies in their difference and synergies. You are mixing them up.

yeah, the Ah Nehs may not be the factory now becoz most the West's factories are in China..............before the Angmohs go China.......they're also not factory powerhouse..............

maybe in decades to come (assumingthe Great Depression 2 didn't come) China will be too expensive and the West will simply go to India, Bangladesh, etc etc ...............

the money come from the West to begin with.................and the products from the factories also go to the West......................so who's the boss ???

if the Japs can't supplant the West since they also dependent on the West to buy their stuff...............the Chinese can't.............

eagle SG

yeah, the Ah Nehs may not be the factory now becoz most the West's factories are in China..............before the Angmohs go China.......they're also not factory powerhouse..............

maybe in decades to come (assumingthe Great Depression 2 didn't come) China will be too expensive and the West will simply go to India, Bangladesh, etc etc ...............

the money come from the West to begin with.................and the products from the factories also go to the West......................so who's the boss ???

if the Japs can't supplant the West since they also dependent on the West to buy their stuff...............the Chinese can't.............

Your facts are incomplete.

Then again, I can't be bothered.

Ranson SG

naive and most probably TS

I'll give you a better explanation when I have the time.

Take a look at the latest auto show in china, the number of world's fastest ferrari and the latest rolls-royce that were bought by the chinese in China.

Yes, a handful are rich. Corrupt officials, "guanxi" etc.

But 90% of Chinese are dirt ppor.

Take a look at the top 5 banks in the world (with the most amount of wealth)

Yes, and none are Chinese

http://www.bankersalmanac.com/addcon/infobank/bank-rankings.aspx

Has US president obama been visiting China lately?

He has been visiting Singapore as well for the APEC. Your point is? I hope you don't mean if he visits China often it is a nice country to live in..

Compare Hong Kong and Singapore. The rent of a compable condo would cost around USD 4000+ a month in Singapore but it cost more than USD 10 000 in Hong Kong. Hong Kong is part of China.

Compare the banking industry in Hong Kong and Singapore.

Hong Kong is not a full part of China. It is under the Basic law and is normally treated as seperate from China. The Chinese cannot live in HK, if they could, HK would collapse. Hong Kongers have their own HK passport. HK is basically a seperate country from China for most purposes.

In fact, many hongkongers are migrating as we speak, they are afraid of Beijing rule. Remember in 97 how many HKers ran abroad due to takeover of HK? Every July, watch their street protest against Beijing's autocracy. They take to the streets in the hundreds of thousands. The HKers themsevles hate Beijing to be honest.

Hong kong is famous of its high property prices. Property tax is a major source of revenue for the HK govt, which is how they keep their personal income tax so low and still dish out cheap healthcare.

Banking wise, Singapore and HK are the same.

Which are the few countries that have the most Rolls Royce in the world? Which city has the most Rolls -Royce in the world?

Who cares about rolls royce of the few rich and famous when there are billions of Chinese farmers living in slums? Average income in China is only around 3k sgd / year.

China's domestic car companies haven't even figured out how to manufacture a auto transmission car i think. or maybe 1 company did recently. lol.

USA owes China money.

Do you read Forbes or Times?

It is called gilts or bonds. Not exactly "owe money". The USA owes Japan and the Arabs much more money than they "owe" China. China also "owes" world bank money etc. You don;t understand forex.

During the financial crisis China doled out billions in contracts in Great Britain and France. Last year it surpassed the U.S. to become the largest trading partner of both Japan and Brazil. It conducts more than $100 billion a year in trade with both the Middle East and Africa. In Africa it is laying down highways and other infrastructure projects. Already 750,000 Chinese workers have moved there.

China surpassed the U.S. as the world's largest car market last year. Have you read about China's Volvo deal?

The main reason you see that China is still being poor is due to the unequal distribution of income.

Yeah so what? There are rich people, yes. China has 1/4 of the world's population. But the fact is the average wage in China is still african like, only around 3k sgd / year and it will remain so for decades to come.

(http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/EASTASIAPACIFICEXT/CHINAEXTN/0,,contentMDK:20680895~pagePK:1497618~piPK:217854~theSitePK:318950,00.html)

The average Chinese is still dirt poor, making 3k sgd a year. Air is polluted, criminal justice system is failing, medical healthcare is terrible. Government will silence its critics. Thousands of riots take place yearly. Political system is unstable. Widespread corruption. Food vendors reuse oil. Poisonous milk and toys. Buildings only last 30 years in China (http://www.chinahourly.com/china/1363/). Wages are terribly low, living conditions are horrible. Corruption is rife, from top to bottom. Education systems are not good. Internet is blocked, facebook, youtube, bbc, one million other websites cannot be accessed. You live under a ruthless autocratic communist party.

I reckon TS is still a young kid who doesn't read up alot.

I am still waiting for you to continue talking out of your ass

I'm not supportive of this China superpower but since I've done a great deal of research on this I could give you plenty of supporting references.

China offers a large talent pool of skilled workers who can handle both basic jobs such as processing insurance claims and mortgage loans, to more technically advanced information technology jobs.

Just as it is possible China will "rise further", it is also similarly possible China will "fall further". Another tian an men, great leap forward or cultural revolution is very possible.

Have you heard of the natural order? China: 1st

India 2nd

USA 3rd

Have you been to USA, UK or France? Take a look at the educated prc population there.

No thanks I don't want to take a look. Your natural order exists only in your own mind.

Countries by total GDP:

1 United States 14,256,275 2 Japan 5,068,059 3 People's Republic of China 4,908,982² 4 Germany 3,352,742 5 France 2,675,951 6 United Kingdom 2,183,607 7 Italy 2,118,264 8 Brazil 1,574,039 9 Spain 1,464,040 10 Canada 1,336,427 11 India 1,235,975 12 Russia 1,229,227 13 Australia 997,201 14 Mexico 874,903

Countries by GDP per capita:

RankCountry US$ 1 Luxembourg 104,512 2 Norway 79,085 3 Qatar 68,872 4 Switzerland 67,560 5 Denmark 56,115 6 Ireland 51,356 7 Netherlands 48,223 8 United Arab Emirates 46,857 9 United States 46,381

95 Tunisia 3,852 96 Jordan 3,829 97 Albania 3,825 98 China, People's Republic of 3,678 99 El Salvador 3,623 100 Fiji 3,464 101 Cape Verde 3,445 102 Turkmenistan 3,242

Have you heard of a contestant in Beijing Olympics 2008 who gave up his uk citizenship so as to represent China in the Olympics?

Ha ha, have you heard of the tens of millions of Chinese queueing up at the foreign embassies in China desperate to take up Singapore/UK/CAN/EU citizenship?

You should at least have heard about the thousands working in Singapore as construction workers, coffee shop waitresses and even prostitutes in the red light district, haven;;t you?

that's all for now

eagle SG

Just as it is possible China will "rise further", it is also similarly possible China will "fall further". Another tian an men, great leap forward or cultural revolution is very possible.

Singapore itself could possibly rise further or fall further as well. So would Europe. So would Japan. So would USA. So would any other country in the world!

TTFU SG

Ranson SG

Singapore itself could possibly rise further or fall further as well. So would Europe. So would Japan. So would USA. So would any other country in the world!

Yes but the possibility of Singapore/Japan/European countries failing is a lot slimmer than China because they have stability and a political system that works, wealth, high standard of living etc.

China ranks 53 on the failed state index, under "warning" category.

http://en.wikipedia.org/wiki/List_of_countries_by_Failed_States_Index

I will reply to your posts when you have something reasonable to say. I guess that probably means I won't be replying to your posts.

TTFU SG

Yes but the possibility of Singapore/Japan/European countries failing is a lot slimmer than China because they have stability and a political system that works, wealth, high standard of living etc.

China ranks 53 on the failed state index, under "warning" category.

http://en.wikipedia.org/wiki/List_of_countries_by_Failed_States_Index

I will reply to your posts when you have something reasonable to say. I guess that probably means I won't be replying to your posts.

TTFU SG

As romanista2001 SG

the reason why the West picked China over India is becoz of the communist govt................easier to do things when the people are oppressed.............

imagine if USD were to suddenly plunge .................

China's reserves will drop a lot.............

the US govt bonds they're holding will be worth a lot less.............

China goods now more expensive....................less exports........

US hi-end goods cheaper......more Chinese buy..........

China is a paper dragon............the illusion is so awesome but it can easily crash...........

TTFU SG

eagle SG

Yes but the possibility of Singapore/Japan/European countries failing is a lot slimmer than China because they have stability and a political system that works, wealth, high standard of living etc.

China ranks 53 on the failed state index, under "warning" category.

http://en.wikipedia.org/wiki/List_of_countries_by_Failed_States_Index

I will reply to your posts when you have something reasonable to say. I guess that probably means I won't be replying to your posts.

It's ok. You aren't really worth my time to be serious with you at all. I mean, none of your posts so far were intellectual enough to begin with.

I rather be serious with getting my first mil by 32 yrs old.

Kutter SG

Yes but the possibility of Singapore/Japan/European countries failing is a lot slimmer than China because they have stability and a political system that works, wealth, high standard of living etc.

China ranks 53 on the failed state index, under "warning" category.

http://en.wikipedia.org/wiki/List_of_countries_by_Failed_States_Index

I will reply to your posts when you have something reasonable to say. I guess that probably means I won't be replying to your posts.

Cut the crap man, why don't you go straight to the point that you could not answer!

eagle SG

Cut the crap man, why don't you go straight to the point that you could not answer!

Don't need to bother. Reasons?

1) China is at 57. He mentioned 53.

2) That was 2009's rankings. The current problems that Europe is facing isn't taken into account yet.

3) The Index is published by USA.

TTFU SG

Y so srs ? i tot the debate ended ytd night.

As romanista2001 SG

i think becoz India smells really bad, that's why the Angmohs choose China.....................LOL

As romanista2001 SG

the coconut oil smell can kill........................

eagle SG

i think becoz India smells really bad, that's why the Angmohs choose China.....................LOL

wah lau eh.... That's damn bad leh

Vote PAP OUT to Save SG SG

Why is everything talking as if China will be the next superpower when it is a thoroughly third world nation with GDP per capita same as African countries?

Because the west is feeling the pressure.

That's why there is talk of China rising.

The thing that those western states will not tolerate is the rise of an asian power to challenge their dominance in world politics.

Same thing as in Singapore. The british won't tolerate a pro-China regime coming to power in Singapore, that is why they connived with Lee Kuan Yew to destroy the local chinese elite from taking power.

That's why no dialect chinese came to power in Singapore even though the majority is dialect chinese.

Understand or not?

That's why you today are brainwashed to hate mandarin, support english.

The system is designed to strengthen english and weaken mandarin and dialect.

But I don't expect you to understand the above statement.

I know that is beyond your comprehension already.

eagle SG

"In Portugal, the government pays unemployment for as long as 30 months, at 65 percent of original earnings.Spain, whose unemployment rate of 19 percent is the highest in the developed world, pays up to two years of checks at as much as 80 percent of original wages Officials also are taking pot shots at tax officials in Spain, Portugal, Greece and Italy for allowing their nations' tax cheats to create the biggest underground economies in the developed world, costing untold billions in lost tax revenue."

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