riddle me this martis and fellow bears , page-175

  1. 1,348 Posts.
    jantimot,

    there are still alot of poor people in China.

    How much of the population is earning decent money?

    1% ? 2%? 10%?

    China is still in its early stages of development.

    They have decades of developing left.

    Their growth might slow but it wil not crash.

    They still need iron, copper, uranium, oil, coal, etc...

    Chinese are sitting on loads of cash and don't know what to do with it.

    As their prosperity starts to rise they can then consume their own goods and hence will rely less on the western world for selling their products.

    Lets not forget that China has a population of over 1billion people. They will be the biggest consumers on this planet.

    The eventually will realise, if they haven't already, they do not need Europe or the USA to buy their goods.

    And you also now have India as well.

    Both these countries need resources.
 
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