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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Rascal who wrote (75912)	2/20/2003 10:39:18 AM
From: aladin	Read Replies (2) \| Respond to of 281500

LB & Rascal: On this assured China thing - I don't think its a given. India in many ways is in a better position, but they seem completely hobbled by the bureaucracy. China is a command economy seeking to become entrepreneurial. Any of a number of things could go wrong and it would collapse like a house of cards (aka Russia). I seem to remember a lot of press about how great Japan was and we would be eating their dust (15 to 20 years back). Now look where they are. Command economies fail - period. While China is on the right track today - I could see it being supplanted by India or at least rivaled by it. Or maybe all India's brightest will continue to move here and keep us on the leading edge :-) John