Quote:
Originally Posted by Jesus H Christ
That's bullshit or they've would have done it already. Second, the US is a dumping ground for their products as we buy 25 pack socks at walmart for $20, the rest of the world pays triple and where China makes it's true profits.
If China can't dump their products in the US cheaply then they can't make bigger profits in other countries. This will slow production, overhead, and cause other countries like Viet Nam to step in the cheap labor market.
Again, exactly what we did to Japan as then everything was made in Taiwan, then China, and soon to be Viet Nam.
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don't think anyone would share your version of economic history.
just skimming the news found this:
http://the-diplomat.com/2011/08/01/h...beat-them-all/
According to Schleicher, Shanghai?s education system is distinctive and superior?and not just globally, but also nationally. Hong Kong, Beijing, and ten Chinese provinces participated in the 2009 PISA, but their results reflected education systems that were still the same-old knowledge acquisition models, whereas Shanghai had progressed to equipping students with the ability to interpret and extrapolate information from text and apply it to real world situations?what we would normally refer to as ?creativity.? Twenty-six percent of Shanghai 15 year-olds could demonstrate advanced problem-solving skills, whereas the OECD average is 3 percent.