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To: elmatador who wrote (47128)	3/8/2004 10:12:59 AM
From: Mary Cluney	Read Replies (1) \| Respond to of 74559

elmatador, <<< One thing is for sure: China will grow until it 'hits the head on the ceiling'. I tell you how this works: There is a lot of people in China, but how much % of the Chinese are capable of working in a modern economy? Maximum 30 million.>>> They have 30 million people with IQ's equivalent to or higher than Sir Isaac Newton for starters. They have 75-100 million people with access (today) to the Internet and 200 million people with cell phones. Most of those people are not that tall (Yao Ming not with standing). I don't see a lot of heads hitting the ceiling. Do the math. There is not an end to consumer demand in sight. If we play our cards right, we could make a lot of money over a very long period of time. There's a lot of Coca Cola, Big Macs, life insurance policies, Investment banking services, rap music, Hollywood movies, Avon cosmetics, and diplomas from US universities at $50k per over 4 to 8 years a pop to sell (just to name a few things off the top of my head). I will just take a small cut at ESL training. Mary

To: elmatador who wrote (47128)	3/8/2004 7:25:45 PM
From: RealMuLan	Read Replies (5) \| Respond to of 74559

>>There is a lot of people in China, but how much % of the Chinese are capable of working in a modern economy? Maximum 30 million. << There are 50 million overseas Chinese living in practically every corner of the world. And they all make a living (capable of working in a modern economy). And they are not necessarily the selective bunch. And there are millions like them within China, so your 30 million number is definitely an undercount<g>. In terms of human resource, China can sustain as long as it takes. As in my own experience, plenty of Chinese students who have come to the US are not necessarily the most capable, they are just luckier in obtaining the scholarship from the US universities, me included. As I have said many times here, the most important reason for a lot of Chinese coming here is because of the worst competition in China. It is the competition that makes people competitive. I am almost certain I would be more successful than I am now if I had not come to the US. The comfortable environment makes me lazier, to say the least.