China and Russia quit the Yankee $

[Vedubin01]

srsly?

China imports most of their coal and oil needed for production. I am not taking about rare earth metals and what not. Most of China's power generation is ran off coal. They have been working hard at securing oil from Brazil, Russia, Iran, and Venezuela. Their bottle neck to domestic growth is energy supply.

[joshh]

Yes, yes they are. Ever heard of the 1 child policy? Been going on for 32 years... do some research and get back to us.

And they are certainly not 'hell bent' on destroying our businesses. They are simply doing what capitalism (your sacred cow) encourages which is competition and innovation. If they can build it cheaper and sell it here that's not intent to destroy, it's just markets at work.

That's old news. You're acting like you just stumbled onto that law....lol.
It wont make a difference. They will not run out of humans as resources for a very long time. They are already over populated and they are still breading one child per family.
You're going to be waiting a very long time for that to happen.
And it's very easy to change that law.

[CorvallisBMW]

China imports most of their coal and oil needed for production. I am not taking about rare earth metals and what not. Most of China's power generation is ran off coal. They have been working hard at securing oil from Brazil, Russia, Iran, and Venezuela. Their bottle neck to domestic growth is energy supply.

Oil yes, coal no. Do some research.

That's old news. You're acting like you just stumbled onto that law....lol.
It wont make a difference. They will not run out of humans as resources for a very long time. They are already over populated and they are still breading one child per family.
You're going to be waiting a very long time for that to happen.
And it's very easy to change that law.

it's not about having 'enough' or 'running out', it's about how much you have in reserve. It's simple supply and demand. When there is an oversupply of workers it drives wages down. China's population has been growing at breakneck speed but in 2 years will level off and then begin declining (that's what happens when 2 people give birth to only 1 child). Once the pool of workers starts to shrink, wages will be forced up and Chinese goods will become more expensive. If that doesn't compute, research demographics and population growth and then get back to me.

Is the single most basic law of economics really that hard for you to understand?

[Vedubin01]

Oil yes, coal no. Do some research.

1. China's dependence on coal for energy causing pollution at home and abroad
2. China's Pledge: Use Even More Coal
3. The Strategic Vulnerability of China's Dependence on Coal
4. Energy Needs for China - The Dragon Needs To Slay Its Dependence on Coal
5. China’s coal dependency – 30th of October

there are articles that "Say" China is trying to curb its Addiction to Coal. But with its population adapting to western style of living and more of the country is becoming industrialized, its really going to be hard for China to curb its Coal Consumption.

[Raxe]

What really matters in the long run is who your friends are. Globalization is not going away; I find it hard to believe any single country as we currently know them will become the next "world leader" like the US was. The US is finding out the hard way that times have changed and the game has changed.

[joshh]

Oil yes, coal no. Do some research.



it's not about having 'enough' or 'running out', it's about how much you have in reserve. It's simple supply and demand. When there is an oversupply of workers it drives wages down. China's population has been growing at breakneck speed but in 2 years will level off and then begin declining (that's what happens when 2 people give birth to only 1 child). Once the pool of workers starts to shrink, wages will be forced up and Chinese goods will become more expensive. If that doesn't compute, research demographics and population growth and then get back to me.

Is the single most basic law of economics really that hard for you to understand?

I have to point out to you (as usual) that China doesn't fit under the generic economic blanket you're trying to use. Economic patterns are a loose guess at what has happened or could happen. It doesn't cost China shit to pull a worker in (with or without their approval if need be) and train them on a job. That idea works if the society gets to choose their career path. In this case China will do whatever it needs to do to keep a steady flow of "trainees" backing up their current work force. To spell it out for you, China can be down to their very last man and still get shit done if they do it "right". Add that to your computation and smoke it.

China doesn't have a problem with reserve workers. It has a motivational problem. That's what happens with Communism. But they wont fail because of a worker shortage...or lack of reserve.

[e30e]

1. China's dependence on coal for energy causing pollution at home and abroad
2. China's Pledge: Use Even More Coal
3. The Strategic Vulnerability of China's Dependence on Coal
4. Energy Needs for China - The Dragon Needs To Slay Its Dependence on Coal
5. China’s coal dependency – 30th of October

there are articles that "Say" China is trying to curb its Addiction to Coal. But with its population adapting to western style of living and more of the country is becoming industrialized, its really going to be hard for China to curb its Coal Consumption.

That doesn't mean they are short on natural resources as you posted; hell aside from US and Canada; everyone is short on coal resources. China is now the 3rd highest user of solar power and 3rd highest investor in solar technology and SHOCKING taking more solar tech and jobs from american than any other country. Once again, China is holding China back.

[z31maniac]

it's not about having 'enough' or 'running out', it's about how much you have in reserve. It's simple supply and demand. When there is an oversupply of workers it drives wages down. China's population has been growing at breakneck speed but in 2 years will level off and then begin declining (that's what happens when 2 people give birth to only 1 child). Once the pool of workers starts to shrink, wages will be forced up and Chinese goods will become more expensive. If that doesn't compute, research demographics and population growth and then get back to me.

Is the single most basic law of economics really that hard for you to understand?

It's been my understanding that for years now, you can have more than one child, you just have to pay an additional tax.

So the affluent can afford to have a larger family.

[bdracing]

Thats the understanding amongst Chinese and their government too but facts are not important here. Speculation and guessing are

[Vedubin01]

That doesn't mean they are short on natural resources as you posted; hell aside from US and Canada; everyone is short on coal resources. China is now the 3rd highest user of solar power and 3rd highest investor in solar technology and SHOCKING taking more solar tech and jobs from american than any other country. Once again, China is holding China back.

because your lack of knowledge or laziness to research.

Australia signs huge China coal deal

http://www.eia.waffleswaffleswaffles.gov/cfapps/ipdbproject/iedindex3.cfm?tid=1&pid=1&aid=3&cid=r7,&syid=2005&eyid=2009&unit=TST

[Vedubin01]

It's been my understanding that for years now, you can have more than one child, you just have to pay an additional tax.

So the affluent can afford to have a larger family.

That is correct, and the fact that the Government is really not enforcing that law.

[CorvallisBMW]

It's been my understanding that for years now, you can have more than one child, you just have to pay an additional tax.

So the affluent can afford to have a larger family.

True, but the percentage of Chinese families that are able to afford that tax is so small that it has a negligible effect. It might as well be 1 child per couple period.

That is correct, and the fact that the Government is really not enforcing that law.

um, yes they do. It is enforced brutally and without question. A few senior officials may be able to get away with it, but in the context of over 1 billion people, 50,000 or so having more than 1 child isn't even a drop in the bucket.

"The Family Planning Association, the bureaucracy that monitors the child bearing habits of the Chinese masses, is comprised of 300,000 full-time paid family-planning workers and 80 million volunteers, who are notorious for being nosey, intrusive and using social pressure to meet its goals and quotas. Chinese women have to obtain a permit to have a child. If a woman is pregnant and she already has children she is often pressured into having an abortion. Special bonuses are given to men and women that have their tubes tied. Local officials are often evaluated in how well they meet their population quotas."

http://factsanddetails.com/china.php?itemid=128&catid=4&subcatid=15

[Vedubin01]

um, yes they do. It is enforced brutally and without question.

In 2008, China's National Population and Family Planning Commission said that the policy will remain in place for at least another decade.[10] In 2010 it was announced that the majority of the citizens first subject to the policy are no longer of reproductive age and it has been speculated that many citizens simply disregard or violate the policy in more recent years. In response, the deputy director of the Commission stated that the policy would remain unaltered until at least 2015.

http://en.wikipedia.org/wiki/One-child_policy

and is only enforced with a fine, which the rich gladly pay.

[CorvallisBMW]

And what percentage of Chinese do you think can afford that fine? 1%? 0.5%? Considering the huge majority of the population still lives in poverty and gets along on subsistence farming, paying a fine is out of the question. Forced abortions, sterilization, infanticide... it's all there. Read the whole Wikipedia article.

[Vedubin01]

On the other hand, the one-child rule is not strictly enforced everywhere, and certain couples are granted exceptions allowing them to raise larger families without penalty. Variations on the law occur for a variety of reasons:

• The one-child policy only applies to Han Chinese, not other ethnic groups or foreign nationals living in China.
• Members of ethnic groups other than Han Chinese are allowed to have two or more children, depending on the rules of the community in which they live.
• Many provinces and cities permit couples where both parents are only children to have more than one baby.
• If the first child has birth defects, the couple is often granted an exemption.
• If the first child is female, the couple is often granted an exemption.
• Han Chinese living in rural areas are often allowed to have two children.
• Government officials are usually exempt in practice, if not by law.
• Multiple births (twins, triplets) are not penalized.*(see note)

http://wiki.answers.com/Q/In_China_if_a_woman_has_two_babies_do_they_kill_one_because_of_the_one-child_policy