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> China is, simply put, orders of magnitude bigger Ah China, Like religion, a topic about which people who have no idea about are comfortable making grand, utt
by versk 13y ago
> China is, simply put, orders of magnitude bigger
Ah China, Like religion, a topic about which people who have no idea about are comfortable making grand, utterly wrong statements.
China's GDP is about 50% bigger than japans, its exports are about 2.5 times japans. The idea that china is too big to fail is ludicrous. It might be possible to argue though, that its too big to succeed
- SkyMarshal 13y ago>It might be possible to argue though, that its too big to succeed On the one hand it's already succeeded - second largest economy in the world and all that. But from an economic development point of view, that's a very interesting question. Can China solve its development problems, which are numerous - development of the entire country not just the 30% of the population on the coast, governance of that unprecedented mass of people, and rapidly ramping environmental problems?
- Florin_Andrei 13y ago> Ah China, Like religion, a topic about which people who have no idea about are comfortable making grand, utterly wrong statements. Careful, that sword has two edges. I was referring to its potential - population, territory, resources.