China to Surpass US in 40 years

[KissMy]

China Has Already Surpassed the USA !!!.
This has already happened. Just because our financial markets measure of US dollars flowing from them does not show it doesn't mean jack.

China Leads the World in:
Merchandise Manufacturing
Merchandise Exports
Automobile Manufacturing
Automobile Consumption
Housing Production
Housing Consumption
Industrial Production
Industrial Consumption
Raw Materials Consumption
Natural Gas Consumption
Oil Consumption
Coal Consumption
CO2 Emissions
Energy Consumption
Renewable Energy Production
Renewable Energy Consumption
Cement Production
Cement Consumption
Steel Consumption
Copper Consumption
Zinc Consumption
Nickel Consumption
Aluminum Consumption
Platinum Consumption
Gold Production
Rare Earth Materials Production
Rare Earth Materials Consumption
Rare Earth Materials Exports
Forest Products Consumption
Lumber Consumption
Paper Consumption
Cotton Consumption
Phosphates Consumption
Potash Consumption
Poultry Production
Poultry Consumption
Meat Consumption
Grains Consumption
Corn Consumption
Soy Beans Consumption
Wheat Consumption
Food Consumption
Food Production
Railway Construction
Road Construction
Infrastructure Construction
And the List Goes On!

 

[uscitizen]

China Has Already Surpassed the USA !!!.
This has already happened. Just because our financial markets measure of US dollars flowing from them does not show it doesn't mean jack.

China Leads the World in:
Merchandise Manufacturing
Merchandise Exports
Automobile Manufacturing
Automobile Consumption
Housing Production
Housing Consumption
Industrial Production
Industrial Consumption
Raw Materials Consumption
Natural Gas Consumption
Oil Consumption
Coal Consumption
CO2 Emissions
Energy Consumption
Renewable Energy Production
Renewable Energy Consumption
Cement Production
Cement Consumption
Steel Consumption
Copper Consumption
Zinc Consumption
Nickel Consumption
Aluminum Consumption
Platinum Consumption
Gold Production
Rare Earth Materials Production
Rare Earth Materials Consumption
Rare Earth Materials Exports
Forest Products Consumption
Lumber Consumption
Paper Consumption
Cotton Consumption
Phosphates Consumption
Potash Consumption
Poultry Production
Poultry Consumption
Meat Consumption
Grains Consumption
Corn Consumption
Soy Beans Consumption
Wheat Consumption
Food Consumption
Food Production
Railway Construction
Road Construction
Infrastructure Construction
And the List Goes On!

This!

Time for another post bragging on American Exceptionalism?
Just bragging, not doing.

 

[The Rabbi]

China Has Already Surpassed the USA !!!.
This has already happened. Just because our financial markets measure of US dollars flowing from them does not show it doesn't mean jack.

China Leads the World in:
Merchandise Manufacturing
Merchandise Exports
Automobile Manufacturing
Automobile Consumption
Housing Production
Housing Consumption
Industrial Production
Industrial Consumption
Raw Materials Consumption
Natural Gas Consumption
Oil Consumption
Coal Consumption
CO2 Emissions
Energy Consumption
Renewable Energy Production
Renewable Energy Consumption
Cement Production
Cement Consumption
Steel Consumption
Copper Consumption
Zinc Consumption
Nickel Consumption
Aluminum Consumption
Platinum Consumption
Gold Production
Rare Earth Materials Production
Rare Earth Materials Consumption
Rare Earth Materials Exports
Forest Products Consumption
Lumber Consumption
Paper Consumption
Cotton Consumption
Phosphates Consumption
Potash Consumption
Poultry Production
Poultry Consumption
Meat Consumption
Grains Consumption
Corn Consumption
Soy Beans Consumption
Wheat Consumption
Food Consumption
Food Production
Railway Construction
Road Construction
Infrastructure Construction
And the List Goes On!

This!

Time for another post bragging on American Exceptionalism?
Just bragging, not doing.

Hey, they'd welcome your presence in Shanghai, ChineseCitizen.

 

[topspin]

Laughing my ass off at the turbo-lib who said 99% of us are poor. thanks

 

[ScreamingEagle]

Laughing my ass off at the turbo-lib who said 99% of us are poor. thanks

Exactly.....

When you really look at China....you see it has a population of 1.3 billion.... of which 1.1 bilion are truly poor....they have a standard of living on the order of Nigeria...

China is primarily an export economy.....which means it is dependent on its customers....meaning if we choke, China will probably suffocate....along with the rest of the world...

China is growing but it won't be a superpower any time soon....there is more to being a superpower than just having growth....in any case China would have to grow like at the rate of 3X the U.S. for the next 30 years to catch up with us....in the meantime who knows what will happen....

Anti-Americans are always dreaming of the fall of the United States....they really don't understand the exceptionalism of America....

 

[uscitizen]

China will soon become like the USA was, able to sell most of it's products to it's internal customers.

 

[ekrem]

(...)
When you really look at China....you see it has a population of 1.3 billion.... of which 1.1 bilion are truly poor....they have a standard of living on the order of Nigeria...
(...)

It's not average per-capita wealth which counts in the competition and dynamics between countries. Else, Bahrain and Luxembourg would've been Superpowers.

 

[uscitizen]

Umm China is already the worlds largest consumer of automobiles.
They need ourside markets?
Yes to keep their growth rate inflated, but they will grow with only internal markets.

 

[ekrem]

China will soon become like the USA was, able to sell most of it's products to it's internal customers.

Household debt in China is 12% to GDP, and Chinese households save about 25-50% of their incomes.
One Big Difference Between Chinese and American Households: Debt - MoneyBuilder - making sense of your finances - Forbes

Some seem to have completely missed the latest world-economic-crisis.
Chinese consumption has been an engine for economic growth for countries like Germany.

There is vast potential for Chinese consumption, taking credits to consume, buying a car as a status-symbol for newly achieved class-advancement etc...

 

[rdean]

The United States is contending with a growing lack of nuclear scientists and engineers at a time when their skills are expected to be increasingly needed to oversee the continued working order of the nation's strategic stockpile and to track the status of nuclear weapons programs overseas, the Boston Globe reported Saturday (see GSN, Aug. 28, 2009).

"It’s all about human capital. We didn’t invest in it and now we are going to pay the price."

To minimize the shortfall, Obama administration officials have suggested a number of proposals such as tuition aid and signing bonuses to encourage college students to study nuclear engineering, physics and other associated fields and to pursue employment in nuclear weapons work after graduation, according to budget requests.

NTI: Global Security Newswire - More Nuclear Scientists Needed in U.S.

Like Republicans are going to let anything Obama wants happen.

Republicans are NOT done gutting this country. There are still places with clean air and clean water.

 

[ekrem]

Most indebted nations are countries of 'Western World'.
Building shiny cities on debt, which following generations have to pay for.

There is no reason for you to devalue the fiscal-responsibility of emerging countries, they could've built same cities if they had accumulated debt levels like 'Western World'.

They are just smarter, and know, that their time is coming. It already has come.
Some Americans still live in ignorance. This thread is best proof of that ignorance.

 

[ekrem]

I remember when the Japanese were going to own all of America. This was c.1975 or so. They would have to divide it with the Arabs, who were buying the other parts.
It was bunk then. It is bunk now. China's economy is still small comapred to ours. Their growthrate is not sustainable but is the product of "catch up" phenomenon. They are already losing market share to cheaper-labor countries like Vietnam.
Further, their society is highly unstable, with many ethnic minorities and sub groups, chafing under Communist rule.
We don't need to worry about the Chinese. We do need to worry about the clowns in our own government who put regulations in place to hobble savings, investment, and growth in this country.

Japan has a significant lower Population then USA or CHINA.
The productivity per person in Japan can never reach levels for Japan as a whole to out-power USA.
Simple equitation of population size and productivity per citizen.

If China has 4 times the population size then USA, then 25% per Chinese citizen productivity to US standard will be enough to match the power of USA.
It is general rule, further rules are fiscal balance etc. in which the Chinese State is anyway better then USA.
China is a colossus. Japan has reached its climax, China is just shifting its engine from 1st to 2nd gear. There are at least 6 gears.

 

[uscitizen]

[ame="http://www.youtube.com/watch?v=z6NQ42F1x7g"]http://www.youtube.com/watch?v=z6NQ42F1x7g[/ame]

 

[The Rabbi]

I remember when the Japanese were going to own all of America. This was c.1975 or so. They would have to divide it with the Arabs, who were buying the other parts.
It was bunk then. It is bunk now. China's economy is still small comapred to ours. Their growthrate is not sustainable but is the product of "catch up" phenomenon. They are already losing market share to cheaper-labor countries like Vietnam.
Further, their society is highly unstable, with many ethnic minorities and sub groups, chafing under Communist rule.
We don't need to worry about the Chinese. We do need to worry about the clowns in our own government who put regulations in place to hobble savings, investment, and growth in this country.

Japan has a significant lower Population then USA or CHINA.
The productivity per person in Japan can never reach levels for Japan as a whole to out-power USA.
Simple equitation of population size and productivity per citizen.

If China has 4 times the population size then USA, then 25% per Chinese citizen productivity to US standard will be enough to match the power of USA.
It is general rule, further rules are fiscal balance etc. in which the Chinese State is anyway better then USA.
China is a colossus. Japan has reached its climax, China is just shifting its engine from 1st to 2nd gear. There are at least 6 gears.

Doesn't mattter. China is built on cheap labor. Labor costs have been rising there and they are losing factories to Vietnam, Thailand, Cambodia, etc. Then there's Africa as another source of cheap labor.
Add in the ethnic tensions and fears of a Chinese takeover are wildly exaggerated.

 

[ekrem]

Doesn't mattter. China is built on cheap labor. Labor costs have been rising there and they are losing factories to Vietnam, Thailand, Cambodia, etc. Then there's Africa as another source of cheap labor.
Add in the ethnic tensions and fears of a Chinese takeover are wildly exaggerated.

China has indefinite source of cheap-labor.
You also neglect the capital of Chinese companies, who are in the process of creating brands, which we in this Hemispheres still have not heard about, but soon will be confronted with.

The White Man's Burden - Wikipedia, the free encyclopedia
Does not work anymore.

 

[ekrem]

(...) creating brands(...)

And if China does not succeed to create brands which appeal to Western customers, they'll simply buy and overtake established Western brands.

 

[Baruch Menachem]

Right now China is still in recovery mode.

But they have all kinds of problems they have to fix. Their pollution levels are crazy.

Right now they benefit because they are cheap. That won't last. They are working on moving the next step up. They are really pushing education investment.

They have several big advantages. they are not debt crazy while we pile on our debt, they are improving education standards when we are knocking ours ever lower, and tax rates aren't stifling.

We can't coast on our advantages forever. But we can return to rationality and fix where we are breaking down.

 

[uscitizen]

some tax rates were stifling in China. At one time imported vehicles had a 100% tariff on them.

 

[ScreamingEagle]

Most indebted nations are countries of 'Western World'.
Building shiny cities on debt, which following generations have to pay for.

There is no reason for you to devalue the fiscal-responsibility of emerging countries, they could've built same cities if they had accumulated debt levels like 'Western World'.

They are just smarter, and know, that their time is coming. It already has come.
Some Americans still live in ignorance. This thread is best proof of that ignorance.

Yes we've made some serious mistakes.....but we can still correct ourselves....and if we do...if we can shake off the stifling socialist strings....i'd like you to explain how an emerging communist country would beat a world class free society...

 

[topspin]

People underestimate China all day every day, they produce more engineers than we do. They kick the shit out of us on solar panel production.
Wanna get rich in a decade, buy oil stocks. They buy more cars than us already and only have 1 per every 60 people. And they pay cash.