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China's Superpower Economy
The Heritage Foundation ^ | December 28, 2007 | John J. Tkacik, Jr.

Posted on 12/29/2007 7:19:02 AM PST by 1rudeboy

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To: Towed_Jumper
The one item not mentioned here is the fact that those 1.3 Billion Chinese ants manufacturing their little hearts out still have to EAT.

In WWII, both Britain and Japan imported a big chunk of their food. They still do today. I think most people don't make their own furniture or fabricate their own CPU's, but still have professional quality furniture and commercial grade computers in their homes. It's called trade. In fact, the protection of trade routes is why countries have built expeditionary armies and navies throughout history.

41 posted on 12/29/2007 11:13:07 AM PST by Zhang Fei
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To: 2harddrive
After the first 5 or 6 garments were Chinese, I did find a FEW made in India.

These garments used to be made in Malaysia, Hong Kong, Thailand, Singapore, etc. And once Chinese costs go up, they will be made in Tanzania, Pakistan, Madagascar, Cambodia, Vietnam, et al. Like it or not, low skill assembly jobs will migrate to the lowest cost areas. When the rest of the world overtakes the US in industrial output per capita, all of their clothing will have "Made in USA" labels. And Chinese companies will be manufacturing in the USA. That's not a milestone we ought to want to see.

42 posted on 12/29/2007 11:24:21 AM PST by Zhang Fei
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To: 1rudeboy
http://www.heritage.org/Press/Commentary/ed080604c.cfm

And actually, the numbers were from 1995-2002. It's been a while since I'd read the article.

Also interesting to note is that America's 11% decline in manufacturing jobs is equal to the average for the entire world over the same time period.

America isn't losing it's manufacturing jobs to other countries. We're losing them to the increased labor-efficiency of modern manufacturing techniques, just as we lost farm jobs to the increased labor-efficiency of modern farming.

Also, I'm not sure we really want back a lot of those jobs that have gone to developing countries. I mean, why would any American covet a job working in a sweatshop making cheap crap?
43 posted on 12/29/2007 11:32:13 AM PST by The Pack Knight (Duty, Honor, Country.)
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To: 1rudeboy

So China has some oil for a while and they figure they can run a navy and some airforce for the time being and they can also let their serfs drive cars on the new 50,000 miles of Interstate Superhighway. So, will they be able to scale down their expectations when the war cuts off their supply completely? They aren’t Japanese who luv the Emperor. .


44 posted on 12/29/2007 11:37:46 AM PST by RightWhale (Dean Koonz is good, but my favorite authors are Dun and Bradstreet)
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To: Zhang Fei
Don't forget their inter-ethnic and inter-regional problems. China isn't the homogeneous mass a lot of people seem to believe they are.

I wouldn't be at all surprised if, 50 years from now, there are several nation-states occupying the territory the PRC does today.
45 posted on 12/29/2007 11:38:10 AM PST by The Pack Knight (Duty, Honor, Country.)
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To: Towed_Jumper
Does China have a large and growing manufacturing capability? Sure, thanks to global corporations in a “race to the bottom” looking for low-wage labor markets.

Many of those corporations were seduced by the prospect of selling to those billion Chinese consumers but that market has not developed for them. Instead China has become a manufacturing center replacing Mexico and some others for products reimported to the USA.

The real problem for China in the future is their present economy was jump-started by U.S. technology, something that would have taken them many years to develop. If they take over and decide to go it on their own it is doubtful they will keep up with the cvhanging tecnology of the futrue.

Creativity flourishes under freedom and withers under central command.

Can the Chinese shoot down low earth orbit satellites with rockets? Yep.

Again, U.S, technology.

Are they building a Blue Water navy? Yep.

U.S. technology via Russia.

Will they take over Taiwan via military invasion after the 2008 Olympics if HRH Clinton is elected el Presidente? Sure—and the U.S. won’t stop them.

The problem (in my opinion), remains however the size of their population. They all have to eat...and if, in the future, they can’t feed everybody then their’s another set of issues they’ll have to deal with as a “superpower”.

Why? When has any Communists country cared about the peasant other than as a ploy to gain power. They will let them starve until they have a balance between needed labor and supply. If it gets too bad they can always let the leftists bleeding hearts in America demand that we feed them.

46 posted on 12/29/2007 11:41:57 AM PST by Mind-numbed Robot (Not all that needs to be done, needs to be done by the government.)
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To: Earthdweller
Production that could have supported 2 million of what kind of jobs? Would they be the sort that would be worthwhile for any American?
47 posted on 12/29/2007 11:42:10 AM PST by The Pack Knight (Duty, Honor, Country.)
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To: sam_paine
but they will pay for the cheaper, faster, trendier clothes from China and India

The faster and trendier don't always apply. Due to shipping times ("slow boat" for low cost) and lead times for design and getting the factories up to speed, India and China aren't always the go-to locales for the latest fashion.

Cheers!

...oh, and Merry Christmas.

48 posted on 12/29/2007 12:36:58 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: grey_whiskers
India and China aren't always the go-to locales for the latest fashion.

Great. So why can't 2harddrive find any Made in USA at the trendy stores to satisfy the buying urge?

Do American Consumers create a market for anything other than cheap? That's what I think the problem is.

I think the market is working just fine. The problem is that the consumer talks the talk, but buys the crap.

49 posted on 12/29/2007 1:43:46 PM PST by sam_paine (X .................................)
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To: Earthdweller
The lopsided employment growth in the U.S. economy has become owing to the unbalanced U.S.-China trade relationship.

Become owing? Try English.

The rise in the U.S. trade deficit with China in the last ten years has displaced production that could have supported 2,166,000 U.S. jobs.

Says who? Pat Buchanan? Or EPI?

50 posted on 12/29/2007 2:20:21 PM PST by Toddsterpatriot (What came first, the bad math or the goldbuggery?)
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To: 1rudeboy

Yet, their status as a “developing country” absolves them from the Global Warming fiasco.


51 posted on 12/29/2007 5:09:40 PM PST by Mad_Tom_Rackham (Elections have consequences.)
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To: Mad_Tom_Rackham

Important enough of a point that the writer chooses to finish with it.


52 posted on 12/29/2007 5:28:56 PM PST by 1rudeboy
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To: All

But yet they still don’t have democracy, as many people naively thought would happen.


53 posted on 12/29/2007 7:09:35 PM PST by Sun (Duncan Hunter: pro-God/life/borders, understands Red China threat, NRA A+rating! www.gohunter08.com)
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To: Earthdweller
I don't do one dimensional answers.

But you sure the heck can dodge giving an answer, that's for sure.

By the way, nice sliming with that Helen Thomas barb -- I bet she's a firm believer in that things -- economically and standard of living wise -- are becoming miserable in, too. I mean, crap, all the job losses and no job gains to offset them. GDP continues to shrink. Unemployment rates are terrible. We need a new New Deal, don't we?

54 posted on 12/30/2007 12:21:27 AM PST by LowCountryJoe (I'm a Paleo-liberal: I believe in freedom; am socially independent and a borderline fiscal anarchist)
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To: 2harddrive
If you have kids or grand kids you should have them aspire to get into the fabric and garment assembling industry. I hear their big money to be made there as garments are so expensive at the stores and their margins are extremely lucrative.
55 posted on 12/30/2007 12:24:44 AM PST by LowCountryJoe (I'm a Paleo-liberal: I believe in freedom; am socially independent and a borderline fiscal anarchist)
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To: The Pack Knight
Also, I'm not sure we really want back a lot of those jobs that have gone to developing countries. I mean, why would any American covet a job working in a sweatshop making cheap crap?

I can almost hear Archie and Edith singing.

56 posted on 12/30/2007 12:29:32 AM PST by LowCountryJoe (I'm a Paleo-liberal: I believe in freedom; am socially independent and a borderline fiscal anarchist)
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To: LowCountryJoe
Nice try..I’m not the welfare class. Go peddle your new deal baloney on DU. We are talking about jobs for our children in the future that are not being created. You know...those hard working types that want to work? Or do you not know any of those types? Maybe those kinds of people are just a thing of the past in your perfect socialist utopia but I prefer to keep my grandchildren off welfare.
57 posted on 12/30/2007 12:37:43 AM PST by Earthdweller (The liberal MSM...Buddies of Romney F Kerry and the socialist march to China)
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To: Earthdweller
Go peddle your new deal baloney on DU.

Come on, I was making fun of you and your "sky is falling" sentiment. And then of your deflection as though the guy you were debating with was a flaming Leftist when it's you that's buying into the Leftist garbage a fear, doom, and gloom

We are talking about jobs for our children in the future that are not being created.

That's a foolish opinion to have. Here, read this,then comment.

Maybe those kinds of people are just a thing of the past in your perfect socialist utopia but I prefer to keep my grandchildren off welfare.

Perhaps the best way to get what you prefer, then, is to demand less government interference in your life...to include demanding economic liberty for yourself and for your neighbor who has a different attitude toward foreign products than you might have.

58 posted on 12/30/2007 12:57:41 AM PST by LowCountryJoe (I'm a Paleo-liberal: I believe in freedom; am socially independent and a borderline fiscal anarchist)
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To: LowCountryJoe
I didn't say the sky is falling..yet. But the deal we have with China is not showing the results that we expected. I know..currently the economy is sound, but changes need to come soon or you will be looking at a commie wet dream when hoards of able bodied men can't support their families with a job at Burger King.

You think there won't be a push for more welfare then? Let's not kid ourselves about what the Dems are pushing for. Globalism is right up their ally as well. We don't need to be in bed with their socialist world policies.

59 posted on 12/30/2007 1:06:14 AM PST by Earthdweller (The liberal MSM...Buddies of Romney F Kerry and the socialist march to China)
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To: Earthdweller
...but changes need to come soon or you will be looking at a commie wet dream when hoards of able bodied men can't support their families with a job at Burger King.

The only thing that would change is that Americans decrease their importation of foreign goods and begin manufacturing goods rather than distributing them through supply chains. When that happens, the capital flows that we've been getting (Net Imports are always equal to Net Capital Inflows) will dry up and low rate loans used for business expansion and home ownership (equity building endeavors) will be much costlier. Should we hasten this desired brand of 'Utopia' through government mandates or should we let the market sort this out?

As for the Burger King reference: just slightly over-the-top, don't you think? Perhaps a garment sewing plant is more likely...oh, the fun and joy.

You think there won't be a push for more welfare then?

Hell, there's FRepers right now in the forum who bash capitalism and it's competitive nature. These same people actually come out and express their support for industry subsidies. I kid you not! When I call them on it, I usually get ganged up on by other FREeepers who call me the commie; they're the ones supporting welfare and poo-pooing capitalism! This is happening on this very forum on a daily basis!

Globalism is right up their ally as well.

It depends what you're calling globalization. If you mean a desire for free(er) trade that seeks to knock down barriers and get the government out of planning and controlling economic activity, then hell no, they're not for globalization and you must have your facts wrong.

60 posted on 12/30/2007 1:26:55 AM PST by LowCountryJoe (I'm a Paleo-liberal: I believe in freedom; am socially independent and a borderline fiscal anarchist)
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