China and India vs. USA: Who will win?

[D Town Redd]

China is fast becoming the FACTORY of the world. India is becoming the back end data analysis/mass IT capital of the world. America still got the Finance game down pat.

Who'll prevail in 50 years if China and India finally get smart to being pimped from across the Pacific?

 

[ghost of tobay jones]

Remember who made who. Watch Nightly Business Report to find out what's REALLY going on.....

Quote from the Head Financial Advisor of China "Capitalism is killing our economy. We have no idea what to do with this money".....

 

[gene cisco]

India.

First off no money is being put into our system of education, while india is spending and heavily involved in IT. We our allowing our .1% wealthy to send all jobs overseas and horde money, while not educating our people.

Pretty soon we will be consuming everything but wont know how to do shit, all tech support indian, manufacturing chinese, mexico, and south america.

Only thing here will be people selling those products and lawyers for the growing prison system we are building.

Its sad when you got people with computer degrees working for 10 dollars an hour cause companies know thye can hire indians for cheap.

Our companies dont want to pay anybody but want us to keep buying.

 

[D Town Redd]

Our companies dont want to pay anybody but want us to keep buying.

That's the truth right there. Someday the chickens will come home to roost and it ain't gonna be pretty. Who will be left to buy shit when all the jobs have left?

 

[Andre Nickatina]

history would probably tell you that the US can't remain on top econmically forever. but these days, there's a lot more to it than just economics. if either of them ever really challenged US dominance, we would probably find a way to demonize them into another "evil empire" like the USSR.

but there's no telling if India or China will ever get that far in the time period you're talking. they both have their own issues. India has too many people in not enough space and they still have Pakistan to deal with. China's got issues galore not the least of which is their supposed switch to capitalism which will be very painful internally (they got too many fuckin people too).

plus, over a 50-100 year period, the competitive advantages most people attribute to them now (China w/ manufacturing & India w/ I.T.) probably aren't sustainable. cost of labor is a major factor in where those manufacturing and IT jobs are going. so the more successful they are in strengthening their economies, the less attractive they become as a location for those types of jobs. after a long enough period of time, India will be outsourcing their IT jobs to another country (maybe an African nation) and China will be losing manufacturing plants too.

factor in technology into all of this and it's even harder to figure out. in the next 50 years there's a good chance that there will be another version of an Industrial Revolution, but you can't really predict where or how it will come in the same way that the so called "Information Age" and the rise of the internet came out of the blue and had such a tremendous impact.

one thing is for sure though. as long as we keep putting trigger happy Republicans and Democrats in the white house, the US won't fade into economic oblivion like the UK without a fight. somebody will get invaded first because you know they hate us for our freedom.

 

[QueEx]

China Warns India

[frame]http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/subcontinent/2006/February/subcontinent_February869.xml&section=subcontinent&col=[/frame]

 

[thismybgolname]

I still don't see the Chinese government keeping things going for the long run, especially since they have been lapped by the reset of the world. China seems like a booming country but that's only because they are hired slave labor.

Once companies find cheaper labor then they will move, and start selling the same shit that used to be manufactored to the Chinese, which the majority of them won't be able to afford. Which will set them back even furthur.

 

[dyhawk]

i want russia and china .............no fair!!!!!!!!!!!!!!!!!!! world war 3 baby

 

[glueguy]

it is a good thing if the us has competition, no one country should completely dominate the world

 

[thismybgolname]

it is a good thing if the us has competition, no one country should completely dominate the world

Why not?

 

[twiggy]

you know what some of the people here are right, I think that I would build a factory in Africa somewhere where its politically stable for the most part and concentrate on giving those people a chance to make money just because the initally rates are likely to be the same if not less for production...
also people don't realize this the government in china TELLS people what to do if they want more tech peoples then they get more, if they want to build an airport in the middle of Xiang lei's farm then they could do it without much of a fight its still communism...communism= community(government) control

 

[QueEx]

<font size="4">INTERESTING NOTE:</font size>
<font size="3">
In a speech Friday in New Delhi billed as the centerpiece of his trip,
Bush said Americans should not respond to this nation's exploding
economy by closing itself off to global trade.

"The United States will not give into the protectionists and lose
these opportunities," Bush said in a speech at Purana Qila, a
historic fort. "For the sake of workers in both our countries,
America will trade with confidence."

In India, an estimated 40 percent of Indians live on less than
$1 a day. Yet the middle class has swelled to more than 300
million, a number larger than the entire U.S. population, and
India's exploding economy has created millions of jobs.

<u>The outsourcing industry</u> - in which Indian firms handle every-
thing from software engineering to customer service call
centers for foreign companies - is expected to bring in $22 billion
in revenue alone this fiscal year. Much of that outsourcing business
is generated by U.S. companies, many that have eliminated domestic
jobs for cheaper Indian labor.</font size>

Excerpted from: http://apnews1.iwon.com//article/20060303/D8G46K2O0.html?PG=home&SEC=news

QueEx

 

[Fuckallyall]

A few things.

A. How many of you complaining about overseas production buy "made in the USA" ? If I highly touted it, most of the same people would calle me zenophobic or racist.

B. It was the rising cost of labor and taxes that drove jobs overseas, not solely pure greed.

C. Stock dividends. Many stockholders didn't like the 4-5% return GM was having because of thier obligations, so they brought other stocks. Who did most of those stock tranfers, institutional investors like TIAA-CREF. So why are we bitching when we would not support our own companies.

D. The united States has ALWAYS imported many goods, now it's just a higher percentage.

E. The US spends the most per student than I think any other industrialized nation. The idea that more money is what's needed is ridiculous. It's school choice that's needed. Also, parents need to be more involved in thier childs education. It's not a panacea, but it's the best chance.

E. I still feel that China will implode because there is no distribution of wealth, and they have a tremendous tax burden heaped upon the citizens that do make a profit. Also, I feel that many Chinese citizens would be reluctant to make change because it would mean opening up thier society, which they have shown a great reluctance to do.

 

[QueEx]

```

 

[actinanass]

...wow i agree with fyall.

and you shut up que in the process...

 

[QueEx]

...wow i agree with fyall.

and you shut up que in the process...

LOL. You must have some secret insecurity? I don't think F.A.Y. was making a point contrary to mine or that we were arguing competing points. If you see it that way and you see it as F.A.Y. shutting me up, perhaps, there's something you've been wanting to say to me and, vicariously through F.A.Y., you got even ???

lmbao

QueEx

OH, P.S.

The "````" in my post that followed F.A.Y.'s post was a Bump. lol
Notice the time differential between the two posts.

 

[QueEx]

<font size="5"><center>Russia blocks delivery of Chinese fighters to Pakistan</font size><font size="4">
At India's Request</font size></center>

RIA Novosti
(Russian News & Information Agency)
August 13, 2007

NEW DELHI, August 13 (RIA Novosti) - Russia is not allowing China to re-export its RD-93 engines for Chinese-made fighters to Pakistan, an Indian newspaper said Monday on its website.

Beijing concluded a contract with Moscow in 1992 for supplies of a 100 RD-93 engines with options for another 400 to equip its JF-17 Thunder fighters, jointly developed with Pakistan.

Pakistan has announced that it could procure 150-300 aircraft to meet the tactical and strategic needs of its Air Force, but India, concerned over Islamabad's growing military potential, has asked Russia, its close ally, to "freeze" the deal, the Indian Express daily said.

Russia, whose military cooperation with India has been bogged down by a number of sensitive issues, such as a delay in the overhaul of the Gorshkov aircraft carrier and a price escalation with the Su-30 MKI contract, informed China last year that re-exporting RD-93 engines was not allowed without Moscow's permission.

However, Beijing went ahead and delivered two RD-93 equipped JF-17 fighters to Pakistan in March 2007 prompting India to protest the deal as a violation of the end-user agreement between Russia and China.

The Indian Express said the two fighters had since been returned to China following Russian pressure, and Moscow would officially inform India of its decision to prohibit Beijing from re-exporting RD-93 engines during high-level defense talks in late August, when India's National Security Advisor M K Narayanan arrives in Russia for a visit.

Pakistan is supposed to start its own serial production of JF-17 fighters in 2008.


http://en.rian.ru/world/20070813/71188324.html