[Info-vax] Chinese Alpha?

Hans Vlems hvlems at freenet.de
Thu May 3 02:49:13 EDT 2012


On 3 mei, 04:57, JF Mezei <jfmezei.spam... at vaxination.ca> wrote:
> Arne Vajhøj wrote:
> > Have all restrictions on selling IT to China been lifted?
>
> If the USA  doesn't forget about those restrictions, China could also
> forget to buy so much of the USA government's debts.
>
> The USA no longer has the luxury of criticising China because China is
> using american's money to keep the USA afloat.
>
> In other words, Americans send money to China. China then uses that
> money to bail the USA government out with conditions attached.
>
> People greatly underestimate the economic power of China.

JF, I think you are quite right there. A lot of production was shifted
to China because the wages were lower.
In a very short time that country has developed its internal economy
and knowledge base. Not too different
from what has happened in India and other "third world countries".
There are two differences though: the
internal market of China is huge and the Chinese government has shown
the ability to guide the development properly.
Put differently: start learning Chinese because in 10 years it'll be
taught in school as a second language.
Hans



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