Posted on 05/03/2002 5:58:28 PM PDT by Hopalong
Actually I said "fallacies."
Despite the feeble men...de, you aren't naive enough to think you committed only one, are you?
Best regards. S&W R.I.P.
Its not talking out of both sides of ones mouth, and especially now, and the way the CCP works, those to things are not mutually dependent on each other.
North Korea was shooting missiles over Japan a few years back, but hey, they are a real economic powerhouse...
China, while leaps and bounds ahead of North Korea, is still facing daunting tasks economically... and sometimes the numbers are about like the old wheat production numbers...
That 'financial misleading' is a threat in and of itself...take a gander at Enron...or our tech bubble, where everyone who owned a share of abc123.com were left holding a $100 per share bag, while the guys at the top of the pyramid made off with the goods.
China, and Iraq both, tend to make sure that the bosses get paid first then everyone else... Such as back during those huge famines, the party members were eating like kings...
With nulcear weapons, and some missiles, China could easily destabilize all of Asia, either by financial collapse or by military threats... such as a violent dispute over the Spratleys, China could easily harm their smaller neighbors...
Turmoil in Asia is a clear and present danger to the USA. Whether that be due to their ideological (and often violent) reaction to Taiwan, or a financial collapse, its both the same...
While I am not saying we should 'cut em off' in regards to business, I think tempering some of our strategies in relation to China might be worthwhile, both for us AND China...
China's number 1 & 2 concerns right now are... employment and following Deng's admonition to get more technology...
Technology is great, but depending on how one uses it is the key. Technology gains utility when it is employed into an already strong economic and managerial system.
If the management of a company is fundamentally flawed, adding email accounts won't fix anything. China's reforms need to go way more into accounting, managerial, and all kinds of other areas...
China's internal markets, and yes they do have one, or rather about 10, are not so easy to crack into. China's economic 'power' comes so much more from the supply end of things rather than the consumption end. Thats why all the manufacturers, Taiwan included are going there.
Semiconductor demand in China? Probably 2/3 if not more of the 'internal demand' is not entirely internal. Its international: for export only. Other factors, not just some 'huge internal demand' play a large part in the decision to manufacture in China.
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