Why is China supposed to be the future?

Rotalihinna said:
China's growth is based on exports on a huge level.


At that point China's growth will slow down and it will have to fuel its growth internally, which definitely won't allow it to get to levels of developed countries because of lack of innovation and competition.
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I remember 5 years ago, my friend told me he is buying a chinese mobile phone.And i laughed.

Last week i saw new ZTE(or smth. like that) that my other friend showed me.When i looked at his performance and price, it wasnt funny any more.At same level as iPhone 4 but much cheaper.

Same thing they plan to do with cars.Just wait for 5 more years and you will see youre neighbors have a new car that look just as Audi, but it isnt.
They will push their competition in hi tech and car industry very soon.First on hit will be Japan and he will have big problems because they cant sell on same price as Chinese and they cant make a better quality car.



On the other hand, if you look foreign policy, you will see that China and Russia are in economy alliance with few more countries that grow very fast.Brazil, India etc..

20 years ago China was very poor and irrelevant on global politics.Now, they are right next to USA.That is big improvement.

Remember, the dollar is fiat money, not worth the paper it’s printed on. It is produced at will and is called Quantitative Easing (QE), a conveniently confusing euphemism for creating debt held as monetary reserves by nations’ treasuries around the globe.

The same shit happens with funding of the eternal war machine. Printing money at will has become a pastime justifying wars, mass killings for conquering the world’s resources and people. It will last as long as the rest of the world permits it. It’s already a fading phenomenon. Ten to fifteen years ago close to 90% of the world’s reserves were denominated in US dollars. Today that figure has shrunk to about 60%.

Russia and China and a number of other countries have already agreed to trade in their respective currencies and, in particular, to trade hydrocarbons in non-dollar denominated moneys, a measure that will considerably lower demand for the dollar, hence, further lower the dollars viability as a reserve currency. Russia and China are poised to issue a common currency, a basket of currencies that may be joined by other countries willing to detach themselves from the fangs of the western abusive monetary caliphate.
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China has a few problems
1. Divisions between national Communist Party and the local Communist party.
The local have shown a total disregard for directives from the national and currently there is a major military exercise across the nation and there was not sure when it ended
2. There is Han Chinese and then there are about 6-10 minorities. One of which is behind the knife attacks in public area's

3. There major agriculture is starting turn into desert as they have shown no regard in renewing that area with modern farming practices

4. Their local food supply chain is not trusted by many of the locals and many of the businesses have been caught using addictives that are poisonous. I am not sure any one rememebers milk scandal of few years back.
5. Many educated and successful Chinese have either immigrated to the Us or are on a visa list foe investors
6. The govertment has no idea about intellectual property rights .
7 As energy cost keeps increasing shipping to Us will be more expensive. I think their hope is a solar powered ship
9. They don't trust their best engineers because when you are building a police you don't want some one bright enough to figure a way around your surveillance net

10 Their debt that the local and national parties have taken on is staggering
11. We see only the coastal regions. They have a large rust belt that they are forcing Chinese banks to prop up because they fear and 1 -2 million workers being unemployed
12. They have to fear the robot revolution that is starting to show up in factories in Japan, US etc


Now they have the ability to solve most of their problems. With Russia desperate for a customer for their raw materials.
 
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