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Forums - General - Rise of China....is the west doomed?

Kantor said:

China (PRC) doesn't even have the second largest economy in the world. That's Japan.

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

If you include Taiwan, China just about rises above Japan, which, when you consider that Japan has a tenth of the population, a tiny fraction of the area, and very few raw materials, and that this is still a third of the economy of the USA, isn't overly impressive.


http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)

Using PPP China is much higher than Japan and closer to USA. Neither method is perfect, as stated at the top of the link, but using the nominal method certainly isnt correct.



 

 

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China already owns the west,did'nt you know that. lol



This idea if China not being the world most powerful country is a new one. For thousands of years, they have been the dominant country. Only in the last 300 years of so have they lost that title. It has taken them a while to embrace technology due to there culture, but once they are on par with the rest of the world technologically, they will be back on top.

I mean come on, they are 1/5th of the worlds population. Being #1 is expected.



Americans will just have to deal with not being the only super power. Thankfully English is the universal language so I don't have to learn Maderin Chinese. Still it would be smart for anyone to learn this language because Chinas economy and thus power will increase steadily as it has. I don't think people need to worry will just need to adapt. Its not so bad America couldn't be the only super power forever and others opinions will actually have to be respected. 



I don't see the issue for americans. I mean only recently was america the only superpower. For the vast majority of its history it hasn't be the sole diminant power in the world. Americans will deal well enough with it.

As for the west, Australia for example is growing fat off the mining boom here which is being paid for by the Chinese so its not a one way street at all ;)



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In China a worker can have a good paying job but that does not give him any political rights or social rights. A Chinese citizen's role is to work and never question the government. No one works harder than a Chinese person. They are the hardest workers in the world and they work for low wages just to survive. The Chinese are one of the strongest race of people in the world. Chinese factory workers work 70 to 80 hours a week, long hours making goods for the western world to consume. It will be ironic that the developed world may one day be making consumer goods for the Chinese people to consume. 



China has a long, long way to go. Analysts are talking about China becoming the largest economy between 2030-2050, but the world will be a completely different place.

The USA isn't just dominant because it's the largest economy. The USA is dominant because it's by far the world's largest economy. The USA's economy is equal to China's, Japan's and Germany's combined. The USA is currently equal to about a quarter of the world's output.

It's those kinds of statistics that make a country dominant, economically speaking. And, it's those kinds of statistics that I believe are not possible ever again, for any country. The world of 2030-2050 will be a world of equal powers. The west (NAFTA EU) will still have a lot of influence in the world, but they will be on equal footings with China, Russia, India, Brazil, as well as other trading groups such as ASEAN.

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As for the whole "superpower" thing, I direct you to one of my previous posts - http://gamrconnect.vgchartz.com/post.php?id=3455532



without china we wouldnt have anything, they make and essemble everything man, how much products do you own or have seen that say "made in china" on them LOADS!!. even the iphone is made in china.



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numonex said:

In China a worker can have a good paying job but that does not give him any political rights or social rights. A Chinese citizen's role is to work and never question the government. No one works harder than a Chinese person. They are the hardest workers in the world and they work for low wages just to survive. The Chinese are one of the strongest race of people in the world. Chinese factory workers work 70 to 80 hours a week, long hours making goods for the western world to consume. It will be ironic that the developed world may one day be making consumer goods for the Chinese people to consume. 


interestingly enough, (I read this in a histroy book long times ago) over 100 years ago when half of the China was being colonised by the west, the national production was none existing as all goods were from colonial western countries. A western scholar interviewed a Chinese student, asking his view on this, the student said something like " one day we'll have our own productions, we'll manufacture goods better and cheaper, maybe even your countries will start to use our goods".

And here we're today.