Why China Will Never Dethrone the United States in the Near Future

[Fish Whale]

Americans are always saying that China's going to overtake the US in economy in a few years. I can't see that happening.
In China, there are many people and many jobs. Factories, farming, resource collection, etc. But the way China treats its people is going to turn around and bite it in the ass.
First, China is #2 in gross GDP, but #99 in GDP per capita. That means China's money per person is very low. And even worse, the Chinese government keeps most of the money; it isn't circulated in the people.
Second, China stifles its radicals and liberals. I think everyone knows that this practice isn't exactly popular, along with the practice of banning Google and Facebook (they don't even care for a Chinese-only version of Facebook, as long as Chinese youths aren't exposed to the radicalism of the outside world).
Third, China's businesses aren't exactly the best. People working in factories say that they don't see themselves working there for more than five to ten years. Most are men that are single or have family elsewhere, and factories are located normally in near-coastal cities, with high crime rates and mediocre conditions. Businesses themselves aren't doing too well either. In the United States, when a gold deposit is discovered, the government allows companies to bid on a contract, then makes money through taxes. In China, the government digs until there's under a certain amount (less than 0.75 grams per square meter, I think), and then gives it to the provincial government. When it drops below around 0.5 per square meter, they sell off a contract for it. Now, this wouldn't be so bad if they didn't tax it. And equipment to dig that deep for a scant amount of gold means hard work and heavy investment, for not a huge amount of profit.
Honestly, people in China are just boiling for government reform. Totalitarian socialism isn't exactly people's favorite thing, because that means (unlike Marx's vision) people are working for an elite - the government - and then don't reap the full rewards of it. To keep people from getting to unsettled, they censor and block rights. But people in no nation are completely ignorant. China is just boiling for a government reform crisis. So I honestly think that China's going to have to lose economic power because they'll eventually have to transfer more rights to the people.
The government controlling the economy does mean large economic growth. It's low-risk system of government because things aren't gambled in Wall Street. The government can coordinate with itself and plan how to pool everything into economic growth, while controlling others how to do it. But it doesn't exactly make the people happy.
So that's why I believe China will not dethrone the United States in the foreseeable future.

 

[celticwar17]

Americans are always saying that China's going to overtake the US in economy in a few years. I can't see that happening.
In China, there are many people and many jobs. Factories, farming, resource collection, etc. But the way China treats its people is going to turn around and bite it in the ass.
First, China is #2 in gross GDP, but #99 in GDP per capita. That means China's money per person is very low. And even worse, the Chinese government keeps most of the money; it isn't circulated in the people.
Second, China stifles its radicals and liberals. I think everyone knows that this practice isn't exactly popular, along with the practice of banning Google and Facebook (they don't even care for a Chinese-only version of Facebook, as long as Chinese youths aren't exposed to the radicalism of the outside world).
Third, China's businesses aren't exactly the best. People working in factories say that they don't see themselves working there for more than five to ten years. Most are men that are single or have family elsewhere, and factories are located normally in near-coastal cities, with high crime rates and mediocre conditions. Businesses themselves aren't doing too well either. In the United States, when a gold deposit is discovered, the government allows companies to bid on a contract, then makes money through taxes. In China, the government digs until there's under a certain amount (less than 0.75 grams per square meter, I think), and then gives it to the provincial government. When it drops below around 0.5 per square meter, they sell off a contract for it. Now, this wouldn't be so bad if they didn't tax it. And equipment to dig that deep for a scant amount of gold means hard work and heavy investment, for not a huge amount of profit.
Honestly, people in China are just boiling for government reform. Totalitarian socialism isn't exactly people's favorite thing, because that means (unlike Marx's vision) people are working for an elite - the government - and then don't reap the full rewards of it. To keep people from getting to unsettled, they censor and block rights. But people in no nation are completely ignorant. China is just boiling for a government reform crisis. So I honestly think that China's going to have to lose economic power because they'll eventually have to transfer more rights to the people.
The government controlling the economy does mean large economic growth. It's low-risk system of government because things aren't gambled in Wall Street. The government can coordinate with itself and plan how to pool everything into economic growth, while controlling others how to do it. But it doesn't exactly make the people happy.
So that's why I believe China will not dethrone the United States in the foreseeable future.

That was a false partisan statement, china stifles all opposing philosophies and it does this the most to very traditional conservative chinese in the cultural revolution... think of the tibet people.
:bringit

 

[StillBallin75]

That was a false partisan statement, china stifles all opposing philosophies and it does this the most to very traditional conservative chinese in the cultural revolution... think of the tibet people.
:bringit

From a certain perspective, all opposition could potentially be considered liberals when they call for democracy, human rights, freedom to worship, etc.

 

[Aunt Spiker]

Americans are always saying that China's going to overtake the US in economy in a few years. I can't see that happening.
In China, there are many people and many jobs. Factories, farming, resource collection, etc. But the way China treats its people is going to turn around and bite it in the ass.
First, China is #2 in gross GDP, but #99 in GDP per capita. That means China's money per person is very low. And even worse, the Chinese government keeps most of the money; it isn't circulated in the people.
Second, China stifles its radicals and liberals. I think everyone knows that this practice isn't exactly popular, along with the practice of banning Google and Facebook (they don't even care for a Chinese-only version of Facebook, as long as Chinese youths aren't exposed to the radicalism of the outside world).
Third, China's businesses aren't exactly the best. People working in factories say that they don't see themselves working there for more than five to ten years. Most are men that are single or have family elsewhere, and factories are located normally in near-coastal cities, with high crime rates and mediocre conditions. Businesses themselves aren't doing too well either. In the United States, when a gold deposit is discovered, the government allows companies to bid on a contract, then makes money through taxes. In China, the government digs until there's under a certain amount (less than 0.75 grams per square meter, I think), and then gives it to the provincial government. When it drops below around 0.5 per square meter, they sell off a contract for it. Now, this wouldn't be so bad if they didn't tax it. And equipment to dig that deep for a scant amount of gold means hard work and heavy investment, for not a huge amount of profit.
Honestly, people in China are just boiling for government reform. Totalitarian socialism isn't exactly people's favorite thing, because that means (unlike Marx's vision) people are working for an elite - the government - and then don't reap the full rewards of it. To keep people from getting to unsettled, they censor and block rights. But people in no nation are completely ignorant. China is just boiling for a government reform crisis. So I honestly think that China's going to have to lose economic power because they'll eventually have to transfer more rights to the people.
The government controlling the economy does mean large economic growth. It's low-risk system of government because things aren't gambled in Wall Street. The government can coordinate with itself and plan how to pool everything into economic growth, while controlling others how to do it. But it doesn't exactly make the people happy.
So that's why I believe China will not dethrone the United States in the foreseeable future.

You're overcomplicating things:

China can never overcome us economically so long as they depend on our corporations to ensure their production and employment.

Thus - once they stop relying so much on our American-based spending and suport - they can and likely will trump us.

Reality in 5 . . . 4. . . 3 . . . 2 . . . 1

 

[danarhea]

The first sentence that every Chinese bank employee learns, after leaving school and going to work:

Uncle Sam, your banker will see you now.

 

[Aunt Spiker]

The first sentence that every Chinese bank employee learns, after leaving school and going to work:

Uncle Sam, your banker will see you now.

Why aren't we their banker?

Spite the Chinese government advising their business men not to loan us money - their success depends strongly on our spending. If we stop spending - they suffer. Therefor - they are forced to support us.

who's controlling who?

If we spend less, here - an they go belly up over there - who is that going to hurt more? Us or Them?

 

[spud_meister]

Why aren't we their banker?

Spite the Chinese government advising their business men not to loan us money - their success depends strongly on our spending. If we stop spending - they suffer. Therefor - they are forced to support us.

who's controlling who?

If we spend less, here - an they go belly up over there - who is that going to hurt more? Us or Them?

China has more markets than America, the American economy is more depedent upon China than the Chinese is upon America.