Can China Turn the Middle of Nowhere into the Center of the World Economy?

Post by hangonhn » Wed, Jan 30, 2019, 4:22 PM UTC

sonnyblarney wrote: post #17

mac01021 wrote: post #5

Earlier quoted context omitted.

Why _do_ people go there, and why don't you think Chinese developers can replicate that?

Dubai has no banking treaties or extradition treaties with the US. So combine that with it's oil wealth and a lot of dollars sloshing around to begin with - they have created a zone that attracts zillions of ill gotten dollars, a lot of it related to oil. Since the mid 20th century there has been some transparency on resource extraction among nation states, like the US, UK tc. Then regional nationalist leaders have s…

Post by ksdale » Wed, Jan 30, 2019, 4:40 PM UTC

magduf wrote: post #18

siffland wrote: post #13

Earlier quoted context omitted.

I have a feeling if some production switches to India it might put a damper on Chinas plans. That would slow their growth a lot. I am not going to argue if the Trump tariffs on China are good or bad. But they might force some companies to explore alternative manufactuing facilities with countries friendlier to the US. Apple looking at india as a possible move and some other large companies i have seen articles that a…

I think if India actually made sense as a place for western companies to invest in and build factories, they would have done it long before now.

Post by Tsubasachan » Wed, Jan 30, 2019, 4:50 PM UTC

magduf wrote: post #21

ajmurmann wrote: post #15

This reminds me of Zbigniew Brzezinski's The Grant Chessboard. It describes how the US secured its empire. China is not only building for economic growth but also building up valuable relationships and influence. Also keep in mind that one of Rome's greatest military innovations might have been its roads. Meanwhile the US is seems to be played by everyone from the outside and tearing itself apart from the inside. It…

>It seems like we aren't only losing the fight for global hegemony but barely actively taking part. We've actually shot ourselves in the foot with a shotgun in the last few years. We're doing everything we can to cripple ourselves and let other powers take over.

Post by njarboe » Wed, Jan 30, 2019, 5:02 PM UTC

porpoisely wrote: post #20

This article exemplifies everything wrong with the nytimes and journalism today. 1. It's asking me a question. Don't ask me a question. 2. It doesn't add anything new or informative. Pretty much a rehash of everything that's been stated repeatedly for the past 8 years. 3. Boring standard propaganda. It's interesting how the BRI is covered by pro-china, anti-china and "neutral" ( if possible ) propaganda organizations…

Post by siffland » Wed, Jan 30, 2019, 5:26 PM UTC

ksdale wrote: post #24

magduf wrote: post #18

Earlier quoted context omitted.

I think if India actually made sense as a place for western companies to invest in and build factories, they would have done it long before now.

You could have said the same thing about China 50 years ago. Places aren’t appropriate for investment until they are, and then the change that can take place is staggering.