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China May Not Overtake America This Century After All
The Telegraph ^ | May 8, 2013 | Ambrose Evans-Pritchard

Posted on 05/08/2013 12:45:14 PM PDT by Parmenio

Doubts are growing about whether China can pass the US to become the world's biggest economy this century amid warnings that the country’s 30-year miracle is nearing exhaustion.

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Business/Economy; Editorial; Extended News; Foreign Affairs
KEYWORDS: china; evanspritchard; india
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To: nascarnation
China has massive excess labor that's very cheap. And they are taxes heavily to keep the labor rate down and to funnel the profits to the government. Not to worry, the government owned banks keep the investment flowing to steal more industries.

America lost the will to protect it's industries back in the 1970's. And if we are going to survive, we need to get that will back.

21 posted on 05/08/2013 1:03:43 PM PDT by DannyTN
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To: proxy_user
In 20 years, half the people in China will be over 60. That can’t be good.

Certainly not if the leadership's intent is to order them to march over the Himalayas and take India.


22 posted on 05/08/2013 1:05:26 PM PDT by Buckeye McFrog
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To: Parmenio

They’ve had wage inflation 10-14% per year for many years


23 posted on 05/08/2013 1:10:52 PM PDT by Mount Athos (A Giant luxury mega-mansion for Gore, a Government Green EcoShack made of poo for you)
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To: Frank Sheed

Nothing will come of that. There will never be a major war between China and anyone, let alone India.

There’s too much money to be made off one another.

The simple rule of geopolitics is...money rules.

Unless Iran is involved. Shiites live in a fairytale land all their own.


24 posted on 05/08/2013 1:14:54 PM PDT by warchild9
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To: Buckeye McFrog

This is where a realpolitik president is needed to nudge China by sending a message....If you start a war with India on your western border then we shall dispose of our North Korean irritants on your Eastern border and support our Asian friends’ claims in the South China sea. China would have to consider whether it could wage multi directional conflicts from the west south and East...(and they are not that trusting of their northern neighbors as well)


25 posted on 05/08/2013 1:19:06 PM PDT by mdmathis6 (Rest assured, Mankind is loved....both completely and severely!)
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To: E. Pluribus Unum

That can make for busy hands.


26 posted on 05/08/2013 1:22:32 PM PDT by Sequoyah101
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27 posted on 05/08/2013 1:36:40 PM PDT by DJ MacWoW (My faith and politics cannot be separated)
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To: Parmenio; All
Image and video hosting by TinyPic

We already owe them BILLION$ if not TRILLION$ of dollars...one of the Assclown's first trips overseas (or at least that of his SecTreas, the Turbo Tax Cheat Timmy) was to go and beg China to keep funding our debt.

Image and video hosting by TinyPic

Anyone else remember this commercial "They work for us" from a couple years ago??

28 posted on 05/08/2013 1:38:01 PM PDT by SoFloFreeper
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To: SoFloFreeper

Actually, the percentage of total U.S. Treasury debt that China owns has declined significantly in recent years. Did you read the article?


29 posted on 05/08/2013 1:52:13 PM PDT by Parmenio
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To: Parmenio

And there’s no reason for you to swear at me.


30 posted on 05/08/2013 1:52:46 PM PDT by Parmenio
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To: Parmenio
I guess The Telegraph cannot see from their perch in London that the only growth industries here in the US are EBT cards,SSDI checks and the annexation of Mexico as our 51st state.
31 posted on 05/08/2013 1:58:43 PM PDT by Gay State Conservative (Leno Was Right,They *Are* Undocumented Democrats!)
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To: Gay State Conservative

The article focuses on the problems China faces, not the U.S.


32 posted on 05/08/2013 2:01:37 PM PDT by Parmenio
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To: Parmenio

China’s tied to America like a lifeboat tied to a sinking ship - when we go down, we pull them down with us.


33 posted on 05/08/2013 2:03:27 PM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Parmenio
The article focuses on the problems China faces, not the U.S.

So the headline of the story is meaningless,rendering it unworthy of a response?

34 posted on 05/08/2013 2:04:34 PM PDT by Gay State Conservative (Leno Was Right,They *Are* Undocumented Democrats!)
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To: Gay State Conservative

Did you bother reading the article, or did you just read the title?


35 posted on 05/08/2013 2:12:34 PM PDT by Parmenio
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To: Greetings_Puny_Humans

Think Houston 1980

Then rewrite


36 posted on 05/08/2013 2:14:14 PM PDT by bert ((K.E. N.P. N.C. +12 .....History is a process, not an event)
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To: Greetings_Puny_Humans

I agree, and think this is what the pro-China crowd is missing.


37 posted on 05/08/2013 2:17:22 PM PDT by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: Parmenio

The Chinese will not appeal to war with us as long as they can beat us by economic means. However, if true that they cannot beat us by economic means....it means that military action against us by the Chinese becomes more probable.

Interesting times indeed!


38 posted on 05/08/2013 2:31:10 PM PDT by Sola Veritas (Trying to speak truth - not always with the best grammar or spelling)
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To: MrB
China’s tied to America like a lifeboat tied to a sinking ship - when we go down, we pull them down with us.

I also believe this is so. However, there are unseen forces at work behind the scenes. Hidden power organizations pulling levers of power in nation-states, manipulating world events. Sounds like comic-book fiction, yes, but how else to explain the madness in what is evolving on the world stage? Seems like some are tearing down our nation, and they don't care if China and other nations take a fall as well. The U.S.A. (the old U.S.A.) is the world's best hope for avoiding anarchy and chaos, if wise conservatives can reclaim it. We live in interesting times.

39 posted on 05/08/2013 2:31:52 PM PDT by roadcat
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To: warchild9

Nope. India is riven by ethnic and religious divisions, and economic progress is weakened by her corrupt, incompetent, and deeply entrenched bureaucracy. In the long run, India may do better than China because of India’s traditions of democracy and rule of law, the lack of which limits China’s prospects for stability and full modernization.


40 posted on 05/08/2013 3:16:58 PM PDT by Rockingham
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