Sunday 3 january 2010 7 03 /01 /Jan /2010 09:53
China undoubtedly has been laying claim to an astounding economic growth rate of 9% or so for the last few years, and is being touted as the next big thing in hardware and high-tech, after already having flooded the global markets with lower-end consumer products. No wonder a lot of companies/individuals have been looking to invest in China. This article, and this one, however paint a picture that is quite different from what the masses have been led to believe. Considering Sun Tzu's principle of "Appear(ing) strong when you are weak" along with the points mentioned in the articles (regardless of political leaning) make a compelling argument against those running to invest in China.Nevertheless, China has built up the infrastructure needed to mass produce, it is merely a question of effectively scaling depending on market situations. Now if the US were in a similar position, it would be left to the military strategists to "create" conducive market conditions. Considering the possibility of Chinese state figures of growth or prosperity being bloated, it would be interesting to see where China goes with that.
By ashqim-lyu
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