Friday, August 1, 2014

Stop Predicting China's Economic Collapse


  1. The expansion of jobs and work into rural China will not, imo, coincide with an expansion of workers' rights. China needs to be a low-pay/poor conditions economy to compete and to become the powerful world-leader it wants to be. Not many poor Chinese will benefit that much it seems to me.

    I postedthis on 5 29 2013.
    Many of those lowerpaying jobs as in textileshave gone else where, such as S/E/Asia and soonto Africa.
    Their middle class is exploding, once theygain momentum they will notbe denied certain freedoms. Their unions are stronger than those in the U.S..
    Even Wal Marts there are unionized.
    Not so in the states.