LeopardPM Posted: Tue Dec 13, 2005 6:44 am Post subject:
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pretty obvious that the growth or improvement in the welfare of ANY and every trading partner is good news for us. we are already GREATLY benefitting from their growth.
Why do you use the term 'over powering' in respect to China's growth as compared to the US? You make it sound like a competition when it is nothing of the sort. Like every contry (or person) the only thing we compete against is ourselves. The improvement of one person (or country) is NOT at the expense of another, as long as force is not used.
As far as China keeping up the 10% growth rate in upcoming years, it depends on how much their government is going to interfere with the market process. Considering the vast problems they have with their banking system and all the manipulations their government has done trying to 'control' things, I think that China has quite a long and bumpy road ahead...