Questions

[LBJefferies]

Dude, if you don't want your personal electronic devices manufactured in China and here instead, buy the Nexus Q.

http://www.washingtonpost.com/business/technology/made-in-the-usa-googles-nexus-q-is-symbolic-and-significant/2012/06/29/gJQAuZB5BW_story.html

http://www.cnn.com/2012/06/28/tech/m...usa/index.html

Plus, as China grows and develops, it is having an accelerating wage as other countries have experienced. China itself is outsourcing for cheaper labor. As China grows, has a larger middle class, and becomes more like us, their labor wage benefit will decrease:





http://www.impomag.com/articles/2012...ate-3m-us-jobs

https://www.bcgperspectives.com/cont...ch_industries/

China is a bubble waiting to burst. Their GDP numbers are inflated by overproduction, cheap but rising labor costs, currency manipulation and the general Communist attitude of the government and the people. Hundreds of millions of abject poor in China are completely removed from statistical analysis. There is no such thing as innovation or creativity in their society as there are no copyright or patent laws and therefore incentive doesn't exist. Most of what they produce and export, such as lead tainted toys and Che Guevara T-Shirts, has little actual value. They have a third the GDP of the US with 5 times the people. Therefore, even if the day comes that their entire economy surpasses that of the US, their citizens will still only make a fifth of what we make here in the US per capita.

Mark my words. China is a ticking time bomb.

[rwh11385]

China is a bubble waiting to burst. Their GDP numbers are inflated by overproduction, cheap but rising labor costs, currency manipulation and the general Communist attitude of the government and the people. Hundreds of millions of abject poor in China are completely removed from statistical analysis. There is no such thing as innovation or creativity in their society as there are no copyright or patent laws and therefore incentive doesn't exist. Most of what they produce and export, such as lead tainted toys and Che Guevara T-Shirts, has little actual value. They have a third the GDP of the US with 5 times the people. Therefore, even if the day comes that their entire economy surpasses that of the US, their citizens will still only make a fifth of what we make here in the US per capita.

Mark my words. China is a ticking time bomb.

You've seen the video with the empty mall, right? And the poor slums being removed for expensive new housing complexes that no one can afford? State planning of the economy doesn't work out in the end.

They have a huge potential because of population but its aging quickly and highly poor and uneducated... and definitely is having growing pains. There's some super rich, some middle class, but the bulk are poor migrants from the countryside trying to make a buck, but it's going to be challenging to have that transition into a developed and well structured economy. A lot of people are going to settle for much nicer than their original poverty but not quite move up to where their or our country would want to see, but if they do continue on that path there is a good upside to our MNCs.