Quote:
Originally Posted by GreyWolf
I'm sure they will manage fine without attempts to denegrate and demean. Tho, sure, agree there are poor people and they will benefit from the ecomomic success.
The only noteable point about China was the obvious economic success which is well-known and one of my partners worked three/four years with the Chinese govt to develop an infrastructure to accomodate millions of Chinese people when they wanted to have a vacation. I'll let him know that there are so many "dirt poor subsistence farmers who can barely feed themselves."
No, have no investment in China - already got better investments locally thanks.
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If your former 'partner' was in China then he would know that well there may be millions of Chinese who can afford the luxury of a vacation the super majority of the Chinese can barely feed themselves much less take a vacation.
BTW I am not denigrating or demeaning the Chinese. I am just pointing out the obvious to all the people who think China(insert India if you want) is going to supplant the U.S.A. anytime soon as
the economic superpower. They have decades to go and many hurdles to overcome before that happens and it is by no means a certainty that it will.