>I don't agree with this; No, that was your point. You said quote "nobody else is going to come in and take those customers except Chinese companies" >Foreig

>I don't agree with this; No, that was your point. You said quote "nobody else is going to come in and take those customers except Chinese companies" >Foreign companies will continue to invest in China Sure they will, but it will be dramatically smaller. $850 billion a year outflow makes it so >if people became even moderately wealthy IF. These rural farmers have to compete with cheaper workforces in southeast Asia. And english speaking knowledge workers worldwide. >As long as the Chinese government is willing to sponsor public works projects The government did that already since 2008. All they got were 300% gdp/debt ratio and badly constructed roads/buildings. They can't borrow anymore money to do that, not with the carry trade unwinding and default rates going up.