Originally posted by ShutterBug:
That's why I pointed out long ago, that people in China has the habit of burning their candles at both ends in whatever they do...
Therefore, I say the world need not necessarily worry about competition from China - in no time, they'll be too busy scooping water out of their sinking economic vessel.
I believe that China will only become a better place for business, after re-emerging from a serious economic downturn.
Right now it's like watching Flying Trapeze performance with no safety net below...
If China crashes, alot of other countries will crash with it especially USA. Most of the manufacturers have heavily invested into China in terms of industry and market. If USA crashes , the only group which have the highest possibly of still standing will probably be European Union due to their trade blocs. The rest will fall with uncle sam.
I don't think China will crash readily, not with 5000 years of history in regards to dynastic changes. History does repeat itself.