(November 16, 2013 at 1:38 am)Lemonvariable72 Wrote:(November 15, 2013 at 1:35 pm)Drich Wrote: which would force their hand in other areas.
China is buying up huge tracts of land in Africa along side the nile and using it to grow their crops/rice. If their economy faulters, they still need that food/land, and the water the nile provides. alot of the countries who depend on the nile for water are already mad at china for diverting so much of the water of the nile onto crops that do not benfit that region at all. If China can not buy what it needs they are big enough now to simply take it. They are now the only true world power. When a country monoplizes manufacturing it controls the modern world. Allowing it to simply do as it pleases. All it need do is simply make it's wants a 'moral mandate' and the people of the largest nation and most powerful nation in the world will follow their popular morality where ever their goverment leads them.
Kinda reminds me of revaltion, and how it speak of this massive army of the 'east.' The nile drying up ect..
Yes but then you run into another key problem that makes the chinese economy somewhat fragile. A worker in America or Canada makes enough money to buy what he produces, hence they are paid much more then a Chinese contemporary. A Chinese worker does not, and since many epeople cannot buy what they produce, hence they often rely on us to buy it.
I think you quite seriously underestimate how large their domestic market is.
The Chinese domestic market for cars, home electronics, home appliances is already the largest in the world. The overall size of their domestic market is currently about 60-70% the size of American market.
It is true majority of Chinese (about 1 billion of them) are still poort farmers or migrate city workers. these don't make enough to possess much purchasing power.
But a minority, about 300 million, or about as many people as in all of the united states, make solidly middle class incomes or better by international standards. These people combined have purchasing power equivalent to about 60% of the total American domestic purchasing power.
Currently the forecast is for the total Chinese domestic market for all goods and services to surpass the total American domestic market in size and value by 2018.