OK JohnB...let's get back on track...China in the next 10 years....is my (or anybody's) GUESS any better than any other, because anybody who even begins to predict that scenario is kidding themselves !!!
The Country is starved of resources (apart from people) has oodles of cash (produced by the thrifty savings of billions of low paid workers) has artificially maintained a low standard of living for the majority so it can dominate trade with CHEAP products.
The Country Leadership has deliberately kept the truth about International happenings from its population by ruthless censorship and vicious actions against the so-called "reformers (Tianmin (spelling
)Sq etc) Has manipulated exchange rates to artificially prop up its competitive position.
The Country MUST grow at a rate of 6% + each year just to stand still, despite the one-child policy, population growth is astounding....adding hugely to the demand for resources...energy and food and living space. The mass exodus from rural into urban living is continually degrading China's ability to feed itself.
Despite ruthless censorship the population is slowly, slowly beginning to see all the "goodies" we enjoy in the Western World (sad for them !!!) and they all want a slice of it now.
Corruption at all levels is rampant, the rich are getting vastly richer...and the poor are as usual getting very little.
In the next 10 years the lid has got to blow off that little lot somehow. By revolution, by stealth, by policy...I dont know, nor does anybody. But one thing is clear, history suggests that Communism is not sustainable over the long haul and ultimately crashes. The Chinese Government has managed to keep the lid on all this for a long time...but I fear the time is coming when a drastic revision of China's internal politics is inevitable....what the outcome will be is anybody's guess...but it wont be pretty !!! especially when China holds so much of the World fiscal resources in "worthless" Foreign Government Bonds., which will be the outcome when Europe crashes financially in the near future.
And if we all stopped quoting bloody rubbish from Wikewhatsit and Goooglethingy and used our OWN minds just for once and have an opinion that purely belonged to each of us as individuals, we would be a lot better off.
How come every time somebody leaps in and quotes these sources it is automatically assumed that these are the Gospel truths...we are like Lemmings (or the Pied Piper of Hamelin) .........what happened to personal opinions and thoughts
?