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There's one thing I can't wrap my head around. I post here hoping that one of the bright minds will offer some explanation. What will happen when the rest of t
by gxs 16y ago
There's one thing I can't wrap my head around. I post here hoping that one of the bright minds will offer some explanation. What will happen when the rest of the world gets fed up with the one way relationship China has set up with the them?
It's all fine and dandy now - china makes cheap goods and exports them to the rest of the world. In addition, they are slowly taking on more sophisticated tasks as evidenced by their latest super computer, I'm sure soon we will see contributions in technology to the world economy.
But what will happen when the rest of the world gives them the proverbial finger? When they finally say - screw you, either open your market to us, compete with the rest of the world's rules - or fuck off we won't buy your goods.
Is this possible? Would the world even be able to afford such a stance? Or will this happen and what will china do? How much would the projected GDP of the US be if it included china's 1bn population and the potential market it within it?
- snowwindwaves 16y agohow's your chinese?
- gxs 16y agowhy do you ask?
- snowwindwaves 16y agoImagine the chinese market is made open to you. What has changed from today's reality? What makes access to the chinese market difficult for westerners, apart from the luxury/status items? The language and cultural barriers are still significant.
- cdavid 16y agoI am not sure whether you are parodying a common attitude or are being serious, but do you think that the US attitude toward the rest of the world has been symmetrical ? Morality, "fairness", plays little role - what matters is the power balance. For example, the US (rightly) worry about Chinese military expenditures, especially for blue water navy (which is generally considered the biggest advantage of US army from a geopolitical POV). But right now, the US have more capacity than all the other "power" with blue water capability altogether (Russia, France, UK) and more. 40 % os all the money spent in defense by gvts is spent by the US. What's symmetrical about it ? Note that I am not making a judgement, but those are hard facts that nobody can argue with, whatever their opinion is on the matter. Outside the US, analysts generally refer to a "rebalance" of powers. That China will reach US-level GDP and above is almost certain - but there is nothing that exceptional about is when you have 4 times more people. China with a GDP/habitant ~ western levels would be incredible, though. Although I am confident I will see China becoming the first power in term of GDP, I would be ready to bet that I won't see GDP/habitant rise at the same level as its western counterparts. Making projections in 40 years sounds dangerous anyway - I don't know what the future holds, but I am sure it won't be the people predict.