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To: Jedi Master Pikachu
China has a very long memory.

They will be the World's Superpower in 25 years or less.

I won't be surprised to see the Chinese start colonizing Africa.

8 posted on 02/02/2007 1:28:55 PM PST by MinorityRepublican (Everyone that doesn't like what America and President Bush has done for Iraq can all go to HELL)
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To: MinorityRepublican
Actually, this article illustrates why China is destined to be little more than a dysfunctional slave camp for the foreseeable future.

Conventional wisdom is that China pegs their currency to the U.S. dollar in order to maintain it at an artificially low level (in order to be competitive in terms of labor costs). The reality is that China's currency is over-valued, because these restrictions on foreign ownership of Chinese assets make their currency completely worthless.

11 posted on 02/02/2007 1:40:49 PM PST by Alberta's Child (Can money pay for all the days I lived awake but half asleep?)
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To: MinorityRepublican
They will be the World's Superpower in 25 years or less. I won't be surprised to see the Chinese start colonizing Africa.

I doubt it. While China has a lot of people, the average age is increasing and that's not the demographic that seeks to colonize.

17 posted on 02/02/2007 4:34:51 PM PST by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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