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 Re: The coming collapse of China by Gordon Chang and Liang 1a
Author: observer 
Date:   04-22-12 00:56

I agree with your comments. All countries try their best to export. Obama, for example, proposed that the US should double its exports in five years. In Europe, the German economy has been the best because of its successful export strategy. No country in this globalisation age can afford to neglect exports and concentrate just on internal demand. As far as China is concerned, she is already the 'factory of the world' and it would be difficult to maintain the erstwhile export growth rate of greater than 10% p.a in the future. Clearly China realises this and has been trying to expand domestic consumption in recent years. However, it will take some time before the 80/20 ratio of domestic consumption/ exports could be achieved.

It should be noted that much of China's current exports are machinery, electronic goods and low end goods already constitute a smaller proportion of the export mix. In the next few years I expect Chinese designed electric cars, smart phones etc would start penetrating the international market. Further, unlike Japan, China will be building most of the mega infrastructures of the world in return for resources. As a consequence, the growth rate of developing countries would accelerate and this means increased export opportunies for China to these countries. One should not forget that the world economic pie is getting bigger and bigger even though the developed countries such as US/EU may be fairly static.
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 The coming collapse of China by Gordon Chang and Liang 1a  new
observer 04-10-12 05:13 
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Paul Yih 04-10-12 11:41 
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 Re: Gordon Chang - Hum Gar Shovled Award :)  new
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 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
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 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
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 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
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 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
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 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
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 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
Paul Yih 04-11-12 17:55 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
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 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
Paul Yih 04-11-12 16:55 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
cheok hong chuan 04-11-12 20:30 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
Liang2a 04-11-12 23:30 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
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 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
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 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
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 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
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 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
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 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
observer 04-12-12 02:47 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
Liang2a 04-12-12 01:40 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
observer 04-12-12 02:45 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
Paul Yih 04-12-12 08:23 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
Liang2a 04-12-12 16:13 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
Liang2a 04-12-12 16:15 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
observer 04-12-12 17:54 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
observer 04-19-12 00:22 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
Paul Yih 04-12-12 08:16 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
Paul Yih 04-12-12 09:36 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
Liang2a 04-12-12 16:16 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
cheok hong chuan 04-12-12 18:19 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
observer 04-22-12 00:56 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
Paul Yih 04-22-12 08:52 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
observer 04-22-12 10:22 
 Re: The coming collapse of China by Gordon Chang and Liang 1a  new
Paul Yih 04-22-12 15:02 


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