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To: NZerFromHK

Good read, I learned. The transfer of American wealth and jobs to China is not in OUR best interest. Im all for free market but they dont have a free market when their Gov is running everything or subsidizing. Someday they may be ready, but rewarding them while they are still a Commie country is wrong. I believe we should have waited and rewarded them if and when they showed progress. Its all back assward IMO.


25 posted on 01/08/2005 4:00:59 AM PST by hitherehard
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To: hitherehard

And ironically, much of the wealth transferred went into the corrupt officials' pockets and then came back to your country via their purchases in properties in the US - literally China today is an "empty shell": you see the superficial prosperity in a dozen of major cities (especuially those on the eastern coastal side) but in fact many friends living in even the most prosperous parts of the country (Gurngzhou, for example) told me that no real economic activity exists except big spending on entertainment, eating, and drinking by those became rich by associations or officials.

Much of the economy looks good in a glance, but well, it is a classical sub-colonial economy controlled by American, German, Japanese, Korean, British, Taiwanese firms. At the end of the day, the PRC is in fact at the mercy of you guys.

Keep reading. It is far more anti-Chinese Communists than anything you will have come up so far in the West.


26 posted on 01/08/2005 4:39:55 AM PST by NZerFromHK ("US libs...hypocritical, naive, pompous...if US falls it will be because of these" - Tao Kit (HK))
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