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Politics : Politics for Pros- moderated
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To: D. Long who wrote (128020)7/27/2005 9:12:38 PM
From: neolib  Read Replies (1) of 793895
 
They're pouring it down the Swiss Bank Account for Dictators hole.


Much less so now than in prior decades. The real problem is a lack of technical competence.

I doubt China can repeat the industrialization growth in transition to a more complex economy.

Remains to be seen. Their technical abilities are really very good. They produce more engineers & scientists each year on a normalized basis than the US (by a factor of 2?) For many western companies, the Chinese market is the golden egg everyone wants to get their hands on. To the degree they can use that to manipulate international standards, they have a very powerful tool at their disposal. Time will tell.
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