Investment Keeps Coming In
China continues to attract large investment in its industry, which has translated into a red hot economy that is not only poised but in many experts eyes has already become the world’s leader in manufacturing. This year 450 out of the top 500 corporations invested in China. In addition, businessmen from 202 nations have poured 600 hundred billion dollars into the Chinese economy.
The large sums invested in the Chinese industry allow the PRC to keep the money that their domestic companies make and invest it into the Peoples Liberation Army. It is for this reason they can maintain large military spending that is required for the modernization program that the PLA is involved in without hurting the economy.
All the investment dollars that were poured into China will later come back to bite the West in the rear, in the form of a modern high-tech Chinese army.
The large sums invested in the Chinese industry allow the PRC to keep the money that their domestic companies make and invest it into the Peoples Liberation Army. It is for this reason they can maintain large military spending that is required for the modernization program that the PLA is involved in without hurting the economy.
All the investment dollars that were poured into China will later come back to bite the West in the rear, in the form of a modern high-tech Chinese army.
posted by Aleksandr at 8:20 PM
2 Comments:
Yes, what you say is true.
But in order for Chian to grow a high tech economy, they have to develop a much more transparent system of property law. In order to do this, they have to have more openess and transparancy for everything.
In short, they won't be China anymore.
Repressive manufacturing China with a high tech army.
Scary, but not very effective.
A high tech army for a high tech - and neccesarily democratic - China.
Effective, but not scary.
I would not count on China to grow more open and transparent.
It would be interesting to know who were the 50 out of 500 that did NOT invest in China.
Post a Comment
<< Home