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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.

1 posted on 02/08/2009 12:20:41 AM PST by MimirsWell
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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?)
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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)
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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)
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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.")
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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!)
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To: MimirsWell
Someone needs to tell these guys.

Cheers!

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.)
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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.)
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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.)
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To: MimirsWell

Some guys always celebrate before, instead of after, they win the lottery.


18 posted on 02/09/2009 10:43:35 AM PST by ProfessorOfTruth
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