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2008-07-09 China-Japan-Koreas
China economy to become world's biggest
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Posted by tipper 2008-07-09 00:04|| || Front Page|| [3 views ]  Top

#1 Don't you love these straight line extrapolations?
Posted by Anonymoose 2008-07-09 00:22||   2008-07-09 00:22|| Front Page Top

#2 Any economist worth his salt, will admit that following free market principles will cause a take-off period to ensue. However, one an industrial superstructure is developed, development possibilities become somewhat limited. A fall-off isn't the next stage. The American economy is stable, and development is balanced. China will follow suit, unless politics intervenes. That is unlikely.
Posted by McZoid 2008-07-09 01:45||   2008-07-09 01:45|| Front Page Top

#3 China's headed for a big fall. They've had double-digit growth every year for 30 years, which masks a ton of inefficiencies.
Posted by gromky 2008-07-09 02:05||   2008-07-09 02:05|| Front Page Top

#4 Let's not forget, China still has to make the transition to democracy. And history shows that can be a rocky road.

The communists stay in power because they deliver economic growth. If the economy runs into trouble, then they will as well.
Posted by phil_b 2008-07-09 03:53||   2008-07-09 03:53|| Front Page Top

#5 Why am I reminded of the hockey-stick graph?
Posted by no mo uro 2008-07-09 06:54||   2008-07-09 06:54|| Front Page Top

#6 I thought it was Japan that was going to be Number 1.
Posted by Nimble Spemble 2008-07-09 07:10||   2008-07-09 07:10|| Front Page Top

#7 China's businesses have a huge debt and the government banks are writing off nearly 60%. A major economic global slowdown or the US pulling their factories out of China will bring it crashing down.
China could do it, but it has a lot of problems to overcome first. Personally, I think with the coming economic troubles, surplus of males and a Xenophobic attitude of the government, China will have civil war in 10 or so years.
Posted by DarthVader">DarthVader  2008-07-09 07:48||   2008-07-09 07:48|| Front Page Top

#8 The Greater German Empire Number 2 with a bullet
Posted by .5MT 2008-07-09 07:49||   2008-07-09 07:49|| Front Page Top

#9 While we export jobs and buy foreign, China is exporting goods and buying domestic.
Posted by Phatch the Eponymous3231 2008-07-09 09:26||   2008-07-09 09:26|| Front Page Top

#10 It won't matter, that same graph also says worldwide temperatures 2035 will average either 30^C and 1/4 of China will be under the ocean.
Posted by swksvolFF 2008-07-09 10:40||   2008-07-09 10:40|| Front Page Top

#11 Gobi desert as beachfront property...
Posted by M. Murcek">M. Murcek  2008-07-09 10:47||   2008-07-09 10:47|| Front Page Top

#12 if the chinese empire stays together simple math dictates they will be larger...when who know's -- as stated they have many issues to resolve but thier middle class is larger than the american middle class today
Posted by dan 2008-07-09 10:55||   2008-07-09 10:55|| Front Page Top

#13 My projections of China's future are guarded, but there are some strong possibilities.

First of all, they are going to have to have a humdinger of an economic correction in the short term. But I don't see this as causing widespread political instability. Instead, the public really wants to take it out on local and regional government, not the national government.

Second, China is demographically bulging at the seams, and this presents an impressive target to a natural population correction, most likely by a whopper of an epidemic. But if they lose hundreds of millions of people, it will solve much of their economic and development problems.

But that presents the third possibility, because such plagues work from the bottom of the demographic pyramid up. Essentially culling the poor and peasant. But the people who remain are going to want to keep their power and wealth, so politics will become very conservative and power more balanced and even.

And the best way of doing this is democracy, not out of any sense of freedom or liberty, but efficiency. The freedom and liberty are just side effects of this.
Posted by Anonymoose 2008-07-09 17:00||   2008-07-09 17:00|| Front Page Top

#14 China has shut down factories around Beijing in an effort to cut down on polution for the Olympics. Here in the States hundreds of Wal-mart stores are closing. They're running out of EVERYTHING!
Leno
Posted by Besoeker 2008-07-09 18:48||   2008-07-09 18:48|| Front Page Top

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