SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Harmond who wrote (151450)1/10/2003 10:09:07 PM
From: GST  Read Replies (1) of 164684
 
<So personal income doesn't mean anything in China!> The number you posted does not mean anything. Taking an average of the income of hundreds of millions of people tells you zip about the spending power of specific market segments. There are poor people in China -- hundreds of millions of them. And there are people who are accumulating significant wealth -- tens of millions of them today and many more millions in the future. The size and wealth of the middle and upper classes is growing at a rapid pace. There are millions of university-trained engineers. There are millions of people who own a private business. These segments are large and growing fast and comprise both a market and a labor force that keep China growing at 3 or 4 times as fast as the US economy -- you are ignorant of the facts. The Chinese economy is the engine of the world at this point in time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News