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Politics : Politics for Pros- moderated

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To: neolib who wrote (127974)	7/27/2005 8:24:24 PM
From: D. Long	Read Replies (1) of 793908

Perhaps you could point to some other country with anywhere near their track record of the last few decades? Most of that growth is 1. pulling China up from middle ages infrastructure, 2. low-wage industrialization. Problem is, the State can't keep dumping billions into infrastructure. And it is a mistake to believe that Chinese workers will rest on their laurels and be content with what they have. Once they reach a level of material affluence, they will start demanding higher wages and better jobs. There are signs the latter has already begun. China's economy isn't a static fact that you can just extropolate growth out to 2050. Derek

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