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Old 01-30-2005, 11:48 AM   #1
BRISK
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China's superfast economic development is exciting

Here's a great story:

Quote:
How do you get rich in China these days? Build a brand. That's what 35-year-old Huang Guangyu has done. The Guangdong native started out at 18, renting a market stall in Beijing and hawking cheap plastic appliances. Today, his GOME Electrical Appliances is China's top consumer-electronics chain, with well over 100 stores, $2 billion in sales

And thanks to a backdoor stock listing in Hong Kong this summer, Huang's net worth is at least $830 million.

http://www.businessweek.com/magazine...5/b3907003.htm
The American Dream is passé, the future is all about China.

Buy this, you're gonna need it: http://www.amazon.com/exec/obidos/tg...books&n=507846
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Old 01-30-2005, 01:17 PM   #2
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Good for him being able to do that in a communist country thats awesome.
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Old 01-30-2005, 01:29 PM   #3
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Bill Gates says China has created a brand-new form of capitalism

http://www.channelnewsasia.com/stori...129783/1/.html
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Old 01-30-2005, 01:56 PM   #4
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Old 01-30-2005, 02:26 PM   #5
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America's downfall......China.
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Old 01-30-2005, 02:29 PM   #6
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China could end up being a key cause of WWIII.
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Old 01-30-2005, 02:29 PM   #7
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Quote:
Originally Posted by junction
America's downfall......China.
uh....why?

One country's success doesn't require another country's downfall.
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Old 01-30-2005, 02:30 PM   #8
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Quote:
Originally Posted by KRL
China could end up being a key cause of WWIII.
It could, but I doubt it.
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Old 01-30-2005, 02:30 PM   #9
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Try getting your shit up and running there. Good luck, you need it!
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Old 01-30-2005, 02:36 PM   #10
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Quote:
Originally Posted by BRISK
uh....why?

One country's success doesn't require another country's downfall.
Go tell that to Dubya.
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Old 01-30-2005, 02:39 PM   #11
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Originally Posted by RedShoe
Go tell that to Dubya.
I would, but I don't think he'd understand me. The problem is that I speak english.
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Old 01-30-2005, 02:43 PM   #12
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Quote:
Originally Posted by KRL
China could end up being a key cause of WWIII.
Quite true, there are two ways to look at it.

#1 Free trade empowers China and thus they could end up with the world's most powerful military.

or

#2 Free trade is the greatest deterant of war. (Bad economy = breeding ground for war, just look at Germany before the rise of Hitler.)

For situations like this there is no easy answer. Is World War III inevitable... perhaps.
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Old 01-30-2005, 02:50 PM   #13
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Quote:
Originally Posted by KRL
China could end up being a key cause of WWIII.
Yes, I have been thinking the same thing.
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Old 01-30-2005, 02:52 PM   #14
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Yep, it's the chinese dream.
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Old 01-30-2005, 02:53 PM   #15
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Is China really communist?
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Old 01-30-2005, 03:09 PM   #16
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Quote:
Originally Posted by AlienQ
Is China really communist?
That's loaded question.
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Old 01-30-2005, 03:11 PM   #17
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Quote:
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Is China really communist?
lmao....
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Old 01-30-2005, 03:58 PM   #18
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Everyone said the same thing about Japan in the 80's. China will crash and burn like Japan, it's only a matter of time.
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Old 01-30-2005, 04:04 PM   #19
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Quote:
Originally Posted by Mr Dickovitch
Everyone said the same thing about Japan in the 80's. China will crash and burn like Japan, it's only a matter of time.

"crash and burn like Japan"

WTF are you talking about? You win the most useless post award for this thread so far.
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Old 01-30-2005, 04:17 PM   #20
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Quote:
Originally Posted by KRL
China could end up being a key cause of WWIII.
Wouldn't an Bush led invasion of N. Korea, or Cuba or Iran be a little more likely?
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Old 01-30-2005, 04:21 PM   #21
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Quote:
Originally Posted by Icon
Wouldn't an Bush led invasion of N. Korea, or Cuba or Iran be a little more likely?
I don't think those would cause a world war.
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Old 01-30-2005, 04:24 PM   #22
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China is definitely the next to rise. There's no denying it. I'm not happy about it though... I really don't want to learn Chinese and the food over there is creepy.
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Old 01-30-2005, 04:58 PM   #23
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I don't think those would cause a world war.
true, wouldn't be a WW. but i guess any nuclear action (say, by some insecure tyrant in N.Korea) would pretty much effect everyone.
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Old 01-30-2005, 04:58 PM   #24
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very strong growth sector and it will be for years
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Old 01-30-2005, 05:05 PM   #25
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true, wouldn't be a WW. but i guess any nuclear action (say, by some insecure tyrant in N.Korea) would pretty much effect everyone.
There would need to be significant opposing sides. Last time I checked, North Korea and Iran don't have many friends, and Cuba isn't even on the radar of potential targets in the near future.
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Old 01-30-2005, 05:28 PM   #26
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Quote:
Originally Posted by Mr Dickovitch
Everyone said the same thing about Japan in the 80's. China will crash and burn like Japan, it's only a matter of time.
these countries differ a lot.
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