五千年(敝帚自珍)

主题:【讨论】下任总经理的施政纲领 -- wqnsihs

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家园 Well

Wall Street Journal made some "predictions" that TG could conceivably (provided that TG could figure out a way to deal with the anger directed at TG not only from US and EU but also from developing countries.) take up 20% of export share of the entire world. I was like WTF, if TG were really stupid enough or forced to do something like that, TG would be the biggest evil empire the world has ever seen, and every country, even Singapore, would subscribe to Yellow Peril theory. By then, we would not only be suffering from the wrath of US and EU, it'd be pretty much the entire world, and as much as I hope the best for China, there is no way China could survive as a nation or as anything if China keeps growing its export share, by accident or by design, for another decade. In light of this reality and the fact that China has NOT had a stellar track record in increasing average joe's salary as well as domestic consumption. (It's always playing this group against that. You have double track reform that essential put the majority of the popularity into subhuman category with few rights, even fewer opportunity. Now you have government, in cohort with property developers, savagely stealing from average urban dwellers in the form of outrageously high housing price.), I'm not optimistic about the future and can't, like so many Chinese and cheerleaders of China such as Jim Rogers , force myself to dismiss the claim made by James Chanos about China being the mother of all bubbles.

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