[TigerLikesRooster]

Re #49

If PRC is governed by the likes of Lee Kuan-Yew and his bureaucrats, I would have more hope. But it does not. Its political class is worse than those of S. Korea or Japan at any time. And problems it has are more difficult to solve.

China has set itself up into a mess where no amount of democracy or enlightened dictatorship can help.

[formosaplastics]

Lee Kuan Yew himself has said that China is like "10 post-war Japans all developing and growing rich simultaneously." The economic impact that China is having and will have on Singapore and the rest of the world is not a figment of anyone's imagination but utterly real. Otherwise, other than China's growing economic power, there'd be no reason to even pay attention to China today. The only reason China is on anyone's radar screen is because China's economy is growing and being felt. If you really felt China's economy was a sham, you yourself wouldn't pay as much attention to it as you do because it would not be any kind of threat.