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-   -   China's superfast economic development is exciting (https://gfy.com/showthread.php?t=424438)

BRISK 01-30-2005 11:48 AM

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

Big Red Machine 01-30-2005 01:17 PM

Good for him being able to do that in a communist country thats awesome.

BRISK 01-30-2005 01:29 PM

Bill Gates says China has created a brand-new form of capitalism

http://www.channelnewsasia.com/stori...129783/1/.html

axelcat 01-30-2005 01:56 PM

:thumbsup

junction 01-30-2005 02:26 PM

America's downfall......China.

KRL 01-30-2005 02:29 PM

China could end up being a key cause of WWIII.

BRISK 01-30-2005 02:29 PM

Quote:

Originally Posted by junction
America's downfall......China.

uh....why?

One country's success doesn't require another country's downfall.

BRISK 01-30-2005 02:30 PM

Quote:

Originally Posted by KRL
China could end up being a key cause of WWIII.

It could, but I doubt it.

strobi 01-30-2005 02:30 PM

Try getting your shit up and running there. Good luck, you need it!

RedShoe 01-30-2005 02:36 PM

Quote:

Originally Posted by BRISK
uh....why?

One country's success doesn't require another country's downfall.

Go tell that to Dubya.

BRISK 01-30-2005 02:39 PM

Quote:

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. :winkwink:

warlock5 01-30-2005 02:43 PM

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.

NaughtyRob 01-30-2005 02:50 PM

Quote:

Originally Posted by KRL
China could end up being a key cause of WWIII.

Yes, I have been thinking the same thing.

TheMob 01-30-2005 02:52 PM

Yep, it's the chinese dream.

AlienQ - BANNED FOR LIFE 01-30-2005 02:53 PM

Is China really communist?

BRISK 01-30-2005 03:09 PM

Quote:

Originally Posted by AlienQ
Is China really communist?

That's loaded question.

BIGTYMER 01-30-2005 03:11 PM

Quote:

Originally Posted by AlienQ
Is China really communist?

lmao....

Mr Dickovitch 01-30-2005 03:58 PM

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.

BRISK 01-30-2005 04:04 PM

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.

Icon 01-30-2005 04:17 PM

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?

BRISK 01-30-2005 04:21 PM

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.

Pornwolf 01-30-2005 04:24 PM

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.

Icon 01-30-2005 04:58 PM

Quote:

Originally Posted by BRISK
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.

xclusive 01-30-2005 04:58 PM

very strong growth sector and it will be for years

BRISK 01-30-2005 05:05 PM

Quote:

Originally Posted by Icon
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.

aleck 01-30-2005 05:28 PM

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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