Author: greendragon

When China was poor, it relied on INVESTORS to finance it's expressways! [Copy link] 中文

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Post time 2011-6-21 11:56:29 |Display all floors

With near monopoly in many kind of trades.

Ports in China are in over capacity!

Efficiency at the ocean logistics has grown by LEAPS.
Now we have Pan Panama ships, and we have talk on Pan Malacca ships as well.

Goodness gracious, The world don't have enough cargo to take on such capacity!

cheerios!

Green DRagon
Game Grandmaster

Port in Shanghai 2010

9.95 KB, Downloads: 23

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Post time 2011-6-23 12:29:48 |Display all floors

Now we will probably see, more URBAN REDEVELOPMENT

.........project, BUT is China capable of developing a full range of CITY SERVICES trades to fill the new buildings!

This is pretty critical especially if China's per capita income reaches US$10,000/citizen.
Otherwise, it will FACE THE BRAZIL/MEXICO problem of huge SLUM or unemployed citizens!

Critical to observe now

cheerios!

Green DRagon
Game Grandmaster

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Post time 2011-6-24 11:54:25 |Display all floors

We know China is poor when we see

..............uneconomical practises.

Such as the famous OVERLOADED tricycle with it's huge load of Chinese Cabbage, Hay or Coal Brickettes!
Instead of "Powered Motorized efficient size moves", old times China uses inefficient "MANUAL powered" logistics. This together with "manual powered" farming is a BIG PART of the reasons why China per capita income is low!

Cheerios!

Green DRagon
Game Grandmaster
Tri cycle loads are still common in China.jpg

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Post time 2011-8-29 13:46:05 |Display all floors

China has discovered the MAGIC OF CREDIT

...........now how would it release the GENIE OF ENTREPRENEURS.

Cheerios!

Green DRagon
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Post time 2011-8-29 14:34:40 |Display all floors
IMHO, China shouldn't focus on rising mere per capita income anymore, but it should focus on maximizing consumption. Currently, the average Chinese produces USD 4400 per Capita, which means that an average Chinese worker produces approximately USD 13.000  per year (for about CNY 7000 per month). Yet the average salaries in Chinese cities is at for about 2000 Yuan per month (although there are of course huge disparities, with Shanghai on the top reaching twice that amount), in rural areas even less.

If Chinese workers would earn just half of what they produce, China could be more than just the world's factory - it could become an important market like Europe, the US or Japan! Under the current system, however, a few Chinese, many western companies and some western governments earn most of China's GDP, which is rather unfair and, from an economic point of view, highly inefficient. It is even a major cause of the global financial turmoils in 2008 and the current debt crisis - and consequently, also of the soaring inflation in China.
It is ridiculous that a western student like me can earn more in one morning before lunch than a normal Chinese worker earns in a month. Even with a job in China!

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Post time 2011-8-30 10:28:39 |Display all floors

Reply #12 Everynowhere's post

What you say is your HOPE.

What I say is the ROUTE.

Cheerios!

Green DRagon
Game Grandmaster

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