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Underwaterbob
Joined: 08 Jan 2005
Location: In Cognito
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 Posted: Sun Sep 06, 2015 9:29 pm Post subject: Re: Americans Flocking to China |
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| 1stworldview10 wrote: |
| In China your test scores are the sole consideration for getting in a universality, not how much money you have or who your daddy knows. |
I find this very hard to believe.
Yeah, I'll give, China's worth has grown enormously in the past decade or two, but they're still one of the more corrupt regimes out there. I've NO doubt the richer or more politically powerful families get some kind of under-handed consideration when it comes to getting their precious snowflakes into the right schools. |
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young_clinton
Joined: 09 Sep 2009
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| Posted: Tue Sep 29, 2015 6:06 pm Post subject: |
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| I don't think China is the economic super power that the US is. Their economy is clearly not the same. Cheap products to the third world that work for a couple of days, dolls, cheap games. The only time they produce something serious is when they are forced to because of specifications from the West, or rules and regulations from the West. |
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Mr. Pink
Joined: 21 Oct 2003
Location: China
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| Posted: Wed Sep 30, 2015 2:35 am Post subject: |
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| Chaparrastique wrote: |
China will never have the quality of life of the west.
Unless you enjoy toxic air and horrible overcrowding. |
Generalizations are just that...
I have better quality of life where I am in China than I would in Canada.
My apartment is very spacious in an upscale complex, the cost of food, utilities and transportation is reasonable, and overall cheaper than in Canada.
The air isn't as clean, but funny story: when I was growing up the air in my part of Canada wasn't so clean either, especially in the summer.
If you are in a big city, yes overcrowding is a problem. Thankfully I am not.
China is a massive country land wise. There are lots of areas you can live comfortably and not worry about the overpopulation.
Another thing most people don't realize is China has more millionaires than any other country in the world. Live in one of those rich suburbs or neighbourhoods and you'll see they don't deprive themselves of comforts.
I have better access to medicine here too. Cities like Beijing and Shanghai have world class hospitals and specialists if I needed to see one.
Anyways, people saying generalizations who haven't lived in China should be ignored. |
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Mr. Pink
Joined: 21 Oct 2003
Location: China
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| Posted: Wed Sep 30, 2015 2:45 am Post subject: |
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| young_clinton wrote: |
| I don't think China is the economic super power that the US is. Their economy is clearly not the same. Cheap products to the third world that work for a couple of days, dolls, cheap games. The only time they produce something serious is when they are forced to because of specifications from the West, or rules and regulations from the West. |
A lot of people living outside of China don't realize:
300 million + people are considered middle class. That is almost the population of the US.
30 million + people are millionaires. That is almost the population of Canada.
1.3 billion people is a MASSIVE market.
Sure size makes it an economic powerhouse. It will exceed the US in my life time. The US has had a century of using its power to gain economic advantage all over the world. The US controls the world banking system. Once that order of things changes, eyes will look to China.
Comparing it for you guys in Korea: in China I can buy pretty much ANYTHING foreign. They are about making money, so they don't care if I buy CornFlakes that are imported. I'll pay 2x what they cost in the US but they will still sell them here. China attactively attracts companies to come and set up shop in China and gives them favorable benefits. The market here is massive. EX: John Deere sells more stuff made within China to Chinese than it does equipment made in the US sold in the US. the market here is just MASSIVE. |
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hagwonnewbie
Joined: 09 Feb 2007
Location: Asia
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| Posted: Wed Sep 30, 2015 11:54 am Post subject: |
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Mr. Pink, you are correct. The state of China is good, and we are lucky yo have the opportunity to experience it at its height.
The only questions is how long will the party last.
China is constructing a future wasteland. By that I mean the country will probably look the same in 30 or 40 years as it does now, except more downtrodden. Like in 50 years from now, people will still be talking about the greatness of the nation in 2015.
Sure, by then, the country will have run through a bunch of other tricks to keep construction workers occupied and housewives from losing it online. It will be interesting to see what they come up with. I'm guessing war, sketchy domestic investment programs, some lofty mega construction projects, overseas construction contracts, etc.
When central banks around the world stop borrowing from future generations to improve the palatability of their corrupt officials, the growing global economy will come to a halt, and we'll see a big change in the direction of "progress" in China |
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World Traveler
Joined: 29 May 2009
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isitts
Joined: 25 Dec 2008
Location: Korea
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bucheon bum
Joined: 16 Jan 2003
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| Posted: Tue Oct 13, 2015 9:05 am Post subject: |
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Expected to pass. A lot can happen during that time. If 2015 becomes the new normal for China, I'm not sure that'll happen that quickly.
I wouldn't be surprised if China follows Japan's footsteps in growing quickly, putting fear into many Americans, but then stagnating indefinitely. |
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krnpowr
Joined: 08 Dec 2011
Location: Midwest, USA
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| Posted: Wed Oct 21, 2015 6:30 am Post subject: |
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You do realize that the size of a country's economy is measured in GDP, right? |
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World Traveler
Joined: 29 May 2009
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| Posted: Wed Oct 21, 2015 2:22 pm Post subject: |
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USA's overall GDP: 18 trillion
China's overall GDP: 11 trillion
USA's annual per capita GDP: 55K
China's annual per capita GDP: 8K |
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Stain
Joined: 08 Jan 2014
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| Posted: Thu Oct 22, 2015 7:33 am Post subject: |
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| World Traveler wrote: |
USA's overall GDP: 18 trillion
China's overall GDP: 11 trillion
USA's annual per capita GDP: 55K
China's annual per capita GDP: 8K |
And yet, Americans are flocking to China. |
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World Traveler
Joined: 29 May 2009
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| Posted: Thu Oct 22, 2015 11:20 am Post subject: |
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| Are they though? Sure, a few LBHs here and there, but overall it's Chinese flocking to America. |
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World Traveler
Joined: 29 May 2009
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| Posted: Thu Oct 22, 2015 11:39 am Post subject: |
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| northway wrote: |
| I would wager that a very large number of those individuals are anchor babies, Americans in Name Only. |
I think you're right. This number is not very high:
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| According to the Sixth National Population Census conducted in 2010, there are 71,493 Americans residing in Mainland China |
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Plain Meaning
Joined: 18 Oct 2014
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| Posted: Thu Oct 22, 2015 6:48 pm Post subject: |
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| World Traveler wrote: |
| Are they though? Sure, a few LBHs here and there, but overall it's Chinese flocking to America. |
That's right. Americans won't pay great deals of money for visa services. And country immigration limits are not keeping Americans from coming to China.
This question of whether China will surpass the U.S.; yes, its inevitable, guys. China's population is ten times that of Japan's and four times that of the U.S.; a lot can happen, and yet one thing that is almost certain is that in 2050 China will have hundreds of millions more people than the U.S. I know China's demography is stagnating, but this is a good thing for China! China's environmental and public infrastructure could not be more stressed, and having more rural workers on state-owned plots will not meaningfully help China's economy, its those in modern cities that matter for economic purposes.
None of this is any reason to buy into any China hype. I think we will see some level of stagnation in China's economy, all the Asian countries begin to slow at about this stage of development, but it won't be quite like Japan's. The big story for China is the waidiren moving from the traditionally communist state-owned plots to urban cities. China's transition from medieval agrarianism through 20th century communism to the modern economy continues. There are about a billion people who have to go through this process, so it won't stop all at once. Japan hit a ceiling, and China is nowhere near that ceiling. |
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bucheon bum
Joined: 16 Jan 2003
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| Posted: Sat Oct 24, 2015 5:45 am Post subject: |
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| Plain Meaning wrote: |
| World Traveler wrote: |
| Are they though? Sure, a few LBHs here and there, but overall it's Chinese flocking to America. |
That's right. Americans won't pay great deals of money for visa services. And country immigration limits are not keeping Americans from coming to China.
This question of whether China will surpass the U.S.; yes, its inevitable, guys. China's population is ten times that of Japan's and four times that of the U.S.; a lot can happen, and yet one thing that is almost certain is that in 2050 China will have hundreds of millions more people than the U.S. I know China's demography is stagnating, but this is a good thing for China! China's environmental and public infrastructure could not be more stressed, and having more rural workers on state-owned plots will not meaningfully help China's economy, its those in modern cities that matter for economic purposes.
None of this is any reason to buy into any China hype. I think we will see some level of stagnation in China's economy, all the Asian countries begin to slow at about this stage of development, but it won't be quite like Japan's. The big story for China is the waidiren moving from the traditionally communist state-owned plots to urban cities. China's transition from medieval agrarianism through 20th century communism to the modern economy continues. There are about a billion people who have to go through this process, so it won't stop all at once. Japan hit a ceiling, and China is nowhere near that ceiling. |
You're not factoring in politics. China still has a authoritarian government. Has there ever been a modern, "rich" authoritarian country? China is the closest to that, and it still has a long way to match the average incomes of the other top economies of the world. I'm skeptical the Communist Party can maintain power while living standards continue to increase. Something will have to give at some point. A country like China inevitably will become a federal republic. The question is will it do so peacefully. |
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