Quote:
Originally Posted by Jesus.
I really disagree with this. They have such economic strength purely for the reasons you believe them to be a facade - when your economy is based on building things cheaply, and paying next to nothing to people to do this, then it really helps if 75% of your population is rural poor.
China is in no way heading for a crash, and if by some miracle they do, then the impact on the west will be far in excess of anything they suffer. At some point in the distant future China will recalibrate as the work force (over generations) begins to claw some power back, but this is a long process.
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http://www.telegraph.co.uk/finance/f...-of-China.html
Manufacturing is coming back, reshoring is the new offshoring.