Author: 468259058

11 African countries are richer than China. [Copy link] 中文

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Post time 2011-5-1 00:54:12 |Display all floors
Perhaps after realize the truth of this data, the western powerhouses may now lay Chinese economy aside and begin to hound those wealthy African countries.

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Post time 2011-5-2 12:22:57 |Display all floors

Reply #1 468259058's post

Yup! China is only US$4,200 per capita income state!

The last 10 years only saw the SURGE of low wage assembly workers!
These saw employment of at least extra 150 million workers at "entry level" wages!
Most of the time, it's the hiring of the1.0 million odd Taiwan, Hong Kong compatriots, and the Chinese diaspora, British, American, European, Korean, Japanese that made it all possible.

This means 1 "experienced, technical, managerial" foreigners (plus domestic mainland expertise, managers, supervisors) to 150 workers with simple, "uniformed" skills of the "assembly industries".

cheerios!

Green DRagon
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Post time 2011-5-2 12:26:51 |Display all floors

From the US$4,200 per capita to US$10,000 per capita

...........the skills contents increases "EXPONENTIALLY".

It will be in a "wide range" of trades, industries, services!
We will need to look at the SKILLS, MANAGERIAL, MARKETING, TECHNOLOGY, ENGINEERING, KNOWHOW manpower needs for the next doubling of the national income.

Doubling the income without the MANPOWER STRUCTURE, we might have some difficulties. If cost goes up, and citizenry cannot keep pace - we could have a dichotomy of top quantile keeping track, while the bottom half sinks due to uncompetitive wage - and be filled with unemployment!

cheerios!

Green DRagon
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Post time 2011-5-2 12:29:05 |Display all floors

Domestic skills are already available in Guangdong

.........Hong Kong, Shanghai, Beijing at least. But expanding the WORKFORCE should be done with correct pace, not hurried!

That means "NO GREAT LEAPS"!
It's dangerous, and a gamble!

cheerios!

Green DRagon
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Post time 2011-5-2 20:36:15 |Display all floors
manpower needs for the next doubling of the national income.
+++++++++++++
How to double the individual income?
China don't have the real labor unions. Government stand on the side of entrepreneur. Workers have little opportunies to go on strike in China from laws.

Would  China go on like the East Asian economy, or the latin American economy?
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Post time 2011-5-3 12:19:51 |Display all floors

Reply #12 468259058's post

You must have confidence, Mr. tel. no.

We are Chinese, the NEW MIDDLE KINGDOM depends on you!

cheerios!

Green DRagon
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Gold Medal September's Best Writer 2012

Post time 2011-5-6 08:54:42 |Display all floors
Originally posted by greendragon at 2011-5-3 12:19
You must have confidence
.

One guy doesn't have the possiblity to throw away Chinese citizenship, either without ability or without the will.

He would have to fight for China's future.
He would have to love this country.
He must have faith of a bright future of China.
He must have the confidence.

This is the way of positive thinking.
our life is full of sunshine

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