The coming failure of China ...
... as seen from Davos (the World Economic Forum)
Quote:
There is almost no chance that China will become the world's hegemonic superpower, or that the Chinese yuan will dislodge the US dollar as the key reserve currency in our life-times. It is ageing faster than any nation in history. Indeed, there is a risk that ChinaтАЩs demographic structure will implode long before the great mass of ChinaтАЩs interior ever become rich. This was more or less the conclusion of a closed-door session of Chinese experts at the Davos gathering, regrettably on тАЬChatham HouseтАЭ rules so none can be named.
The article is headed "The coming suicide epidemic in China" and is here - http://blogs.telegraph.co.uk/business/d ... /china.htm
China and its meteoric economic success
Unless you're another braindead economics "freshman"?? I think you've tripped over some pseudo-academic jargon. What is it you wish to say?
Re: The coming failure of China ...
Quote:
Originally Posted by homintern
... as seen from Davos (the World Economic Forum)
Quote:
There is almost no chance that China will become the world's hegemonic superpower, or that the Chinese yuan will dislodge the US dollar as the key reserve currency in our life-times. It is ageing faster than any nation in history. Indeed, there is a risk that ChinaтАЩs demographic structure will implode long before the great mass of ChinaтАЩs interior ever become rich. This was more or less the conclusion of a closed-door session of Chinese experts at the Davos gathering, regrettably on тАЬChatham HouseтАЭ rules so none can be named.
The article is headed "The coming suicide epidemic in China" and is here -
http://blogs.telegraph.co.uk/business/d ... /china.htm
Not news. Gordon Chang wrote about this in his book "The Coming Collapse of China," published by Random House in 2001.
you old China hating reactionary....
but it's true. After seeing them buy up the MG factory and re-build it in a Chinese field and now turning out new MG's ..they are bound to go to the wall.
Who in the hell wants an MG ??
Imagine when they all become middle-class ?... :cherry: :cherry:
Re: you old China hating reactionary....
Quote:
Originally Posted by Lunchtime O'Booze
but it's true. After seeing them buy up the MG factory and re-build it in a Chinese field and now turning out new MG's ..they are bound to go to the wall.
Who in the hell wants an MG ??
Or a fucking Rover!