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12-11-05, 06:38 PM
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The Head Honcho
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Join Date: Nov 2005
Posts: 1,694
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China on the rise
I have heard little bits and pieces about China on the rise for becoming an economic supremecy worldwide along with India. I am sure everyone has heard that China is going to the top and will potentially surpass the US. What is everyone's opinion on this?
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12-11-05, 06:52 PM
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Moderator and Academic
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Join Date: Dec 2005
Posts: 545
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Personally I don't think it will happen, if it does it's a long time comming. China has the potential to have a higher GDP (they have a billion potential consumers) But until they get rid of their communist government, nothing will be even close. The only way you can attain to be on the same level of the US, is it insitute a complete(with some humane exceptions) free market.
DPM
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12-11-05, 11:47 PM
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STTG Regular
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Join Date: Nov 2005
Posts: 65
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they have, its offically not communist by technical standards, its Authorian Fascism IE right wing nationalism with a mixture of limited personal freedoms (emphasis on limited) and a market economy.
By 2025 is a conservative estimate of when China will overtake the USA economy.
I think by 2010 we'll know what'll happen, since that is the "big year" of change.
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12-12-05, 12:33 AM
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Moderator and Academic
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Join Date: Dec 2005
Posts: 545
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Quote:
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Originally Posted by WizTrader
they have, its offically not communist by technical standards, its Authorian Fascism IE right wing nationalism with a mixture of limited personal freedoms (emphasis on limited) and a market economy.
By 2025 is a conservative estimate of when China will overtake the USA economy.
I think by 2010 we'll know what'll happen, since that is the "big year" of change.
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Do you have the web page by chance that has these estimates? |
12-12-05, 12:45 AM
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STTG Regular
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Join Date: Nov 2005
Posts: 65
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Actually its widely figured that China will be the second largest economy in 2025, SORRY FOLKS
but if USA continues on the war path and all that debt starts adding up it could very well rise to dominance...
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12-12-05, 01:07 AM
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Moderator and Academic
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Join Date: Dec 2005
Posts: 545
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Quote:
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Originally Posted by WizTrader
Actually its widely figured that China will be the second largest economy in 2025, SORRY FOLKS
but if USA continues on the war path and all that debt starts adding up it could very well rise to dominance...
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Ok, but where are you getting these esitmates? Do you have a web page by chance to verify this prediction? |
02-14-06, 01:59 AM
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The Head Honcho
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Join Date: Nov 2005
Posts: 1,694
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Quote:
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Well, I watch specials on china via the history channel international. They have a great series on China on the rise...
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History Channel International? I love the history channel but have never heard of a international version of it? Imma have to check out those websites as well; good stuff Wiz. |
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