prosperman,as the Chinese government acts to avoid internal dissent on"limited prosperity" for the masses by way of wage raises,China will lose its compettitive edge,at least cheap wages.
The smart money will flow to the likes of Turkey ,Vietnam even Indonesia,Brazil and Mexico,Russia(I commend you to buy a book intitled,the growth map,by Jim O'neil).
The Chamber of Commerce and Industry WA has responded to the immigration data by claiming the state needs 500,000 more skilled workers by 2020, indicating there are growing opportunities for foreign workers considering emigrating to Australia.
http://www.visabureau.com/australia/news/16-11-2011/skilled-australia-visa-holders-shun-wa-despite-work-opportunities.aspx
prosperman,IMHO its not the states (federal or state)role to "pick winners",any parish pump priming should be"limited","targeted",and continually reviewed.
Raider
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