China as a Global Power Part 2

[indiasucksalways]

China has been lying about its growth for years. 1/2 the skycrapers in Shangnai and Bejing are sitting empty. Like India, China is just conning the world into sending $ there. Funny we never hadany econ problems until we let China and India into the econ. Name one new industry China and India have given the world. Asians are TAKERS.

[stephentsang2000]

The speaker missed one very important point in terms of China's global impact. Chinese are as astute and immoral in business same as the Jews. Chinese exploit every weakness present in the environment and copy everything from the West only to produce them in large scale. Any new invention will be copied in light speed and appears in large quantities in the market within a few months, or even weeks. Western reliance on R&D in the international division of labor is simply a joke in Chinese eyes.

[ofInterestNZ]

Chinese economic growth 10.6% in Q1

Better than market expectations

Despite ice storms and power cuts in January and February

Slowdown from 11.7% in Q4

People's Bank of China tightened rules on credit, banks must keep 16% of deposits with central bank, up by 0.5%

But Chinese inflation 8.3% in March