[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.

[TigerLikesRooster]

China is like "10 post-war Japans all developing and growing rich simultaneously."

If China can pull it off. My view is that China is likely to tear itself apart in its maddening headlong dash, disregarding all other precautions.

China started further behind either S. Korea or Japan and tried to go in much shorter time than these countries were able to do. This requires that everything goes right for China. In today's unstable environment, that is asking too much.