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Chinese Growth
Topic Started: 23 Oct 2009, 10:27 AM (345 Views)
Alexander L. Roosevelt
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The problem with that senario Ryan, is that we are dealing with something less essential than food here.
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Maxwell Wilder
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Alexander L. Roosevelt
25 Oct 2009, 01:43 PM
The problem with that senario Ryan, is that we are dealing with something less essential than food here.
It's still a thoroughly adequate example.
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Alexander L. Roosevelt
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That America is fat and happy on chinese goods? Sure. But Its not as if the majority of the chinese populace can afford to buy that stuff as of yet. Food is cheaper (usually) than toys and the like.
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Benthamus
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Alex is essenitally correct. China simply does not have the market for much of its consumer goods at the moment, not until they can drag that large prorpotion of the country out of poverty to develop a consumerist middle class.
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Ryan
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Well yes, sure it's different from food - but all China has to do is wake up and stop accepting our worthless dollars in exchange for their (however crappy and dangerous) mass-produced consumer products. They could create a market there if they wanted to/the Communist government would allow it. Of course there would be a few bumps in the road due to a lack of property rights and such, but the idea is there easily.
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Benthamus
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The idea is always there easily. Is the praciticaly of implementation and maintenance that is the hard part.
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