Probably but not likely. But I won't be surprised if investors in the west finally decide that the risks of doing business in China far outweigh any benefits.
In 2009, the Chinese economy will grow due to government spending and not consumer demand growth. The Chinese government is remarkably protectionist and its procurement principles are extraordinarily opaque - giving undue advantage to Chinese firms. So its unlikely that American, European and Japanese multinationals will benefit from its growth in the coming years. Might as well pack up and leave while you can.
To: MimirsWell
I wonder how accurate the numbers for comparison are?
2 posted on
02/08/2009 12:22:09 AM PST by
nickcarraway
(Are the Good Times Really Over?)
To: MimirsWell
Interestingly, India is also poised to take over China’s place as most populous nation, if it hasn’t already.
3 posted on
02/08/2009 12:25:03 AM PST by
Marie2
(Ora et labora)
To: MimirsWell
I’d rather have them [India] be the powerhouse of asia.
4 posted on
02/08/2009 12:31:31 AM PST by
Rick_Michael
(Have no fear "President Government" is here)
To: MimirsWell
"I won't be surprised if investors in the west finally decide that the risks of doing business in China far outweigh any benefits"I don't know. Tata was run out of Singur. NIMBY?
yitbos
7 posted on
02/08/2009 1:37:39 AM PST by
bruinbirdman
("Those who control language control minds.")
To: MimirsWell
Boycott China! Buy Indian goods.
10 posted on
02/08/2009 4:54:51 AM PST by
ROCKLOBSTER
(RATs...nothing more than Bald Haired Hippies!)
To: MimirsWell
11 posted on
02/08/2009 4:56:04 AM PST by
grey_whiskers
(The opinions are solely those of the author and are subject to change without notice.)
To: MimirsWell
China is communist and India is not. I don't know the nature of India's government but it seems to promote individual business so I expect that India can outdo China.
12 posted on
02/08/2009 5:37:08 AM PST by
mountainlion
(concerned conservative.)
To: MimirsWell
I sure that all the US dollars being shippied bacck to India by H1-B visa holders is helping that growth.
15 posted on
02/08/2009 4:05:17 PM PST by
Tempest
(Greed is putting money before PEOPLE.)
To: MimirsWell
Some guys always celebrate before, instead of after, they win the lottery.
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