China's scary growth!

[umair127]

I came through this piece of interesting and mind blowing trivia today.

Apparently Bill Gates posted a tweet about China's growth.

http://www.huffingtonpost.com/2014/06/13...91527.html

It is stated that in the past three years alone, China had used as much cement as US had used in the past HUNDRED YEARS.

What do you think about China's growth as a developing nation and emergence to global superpower status?

They are now one of the largest contractors for building roads around the world, they missed adding that factor.

[zolace]

I came through this piece of interesting and mind blowing trivia today.

Apparently Bill Gates posted a tweet about China's growth.

http://www.huffingtonpost.com/2014/06/13...91527.html

It is stated that in the past three years alone, China had used as much cement as US had used in the past HUNDRED YEARS.

What do you think about China's growth as a developing nation and emergence to global superpower status?

They are now one of the largest contractors for building roads around the world, they missed adding that factor.

Republicans stopped most infrastructure spending in 2009 to prevent the US economy from improving so that they could make Obama a one term president. Infrastructure spending used to be the Republicans favorite policy but Cantor made sure that any policy that might help the country and Obama would die in the House. How many more bridges have to fall into rivers before these blue collar, red state voters will finally wise up that their problems are the fault of Republicans?

[noviapriani]

With the GOP, do not expect any jobs created or infrastructure rebuilding as in their minds they fantasize they "built that."
Thanks to Bush's "Most Favored Nation" status, China also took five million jobs though WalMart, Home Depot and the other GOP big box store, low-wage, business poster children fared well from cheap imports which was, of course, was not passed on to workers while taxpayers were hit with welfare subsidies to make up for the low wages like food stamps.
As people may have forgotten, Bush-Cheney mortgaged America's future to Communist China by borrowing $1.7 TRILLION to finance their 23+ years of combined wars in Afghanistan and Iraq based upon lies and oil greed. Ironically, China garnered the largest Iraq oil contract that is now in jeopardy as Iraq slowly falls apart.
Though China has been stealing US business and military secrets costing billions annually, America corporations continue to import billions of cheap goods while selling them our polluting coal. The one positive is US auto sales in China which the GOP will snark about but not all the cheap consumer goods that cost the most jobs.

It's not Bush's fault. The American people are consumers and want to pay as little as possible for consumption. The only way that is done is to ship jobs out. The American people got what they were told they would get. It's 100% the people's fault.

[cryptasm]

The rapid growth in China’s defense budget is a natural outcome of its economic rise. It's not as scary as you all think. IHS Jane’s recently estimated that China will raise its military budget by nearly $10 billion this year (going from $139.2 billion to $148 billion). The news fits in well with catchy headlines about China’s growing military might, but as with all figures, the meaning can be distorted when taken out of context.

I read a while back that they had estimated China's defence budget will overtake the US within 20 years, still got a fair way to go, think they've only got one warship. Wont be long til Fox News starts screaming about the yellow peril 

Chinese have a two huge fleets, not as many as the US's 5 however they are growing at an incredible rate and have so for the past 25 years. THey have just sent to sea their 1st aircraft carrier with two more in the pipeline. Capping it off,thye already have their 5th generation fighter entering low rate production whilst JSF continues to blow out.

Don't believe the US propoganda, the Chines and Russian 4th and 5th generation fighters are damn good and any technical deficency they do have is overcome in the additional numbers.

No doubt China has a huge military (and Russia), China's People's Liberation Army alone has 1.6 million personnel. Think the big game-changer will be when China gets more aircraft carriers.

[bitsmichel]

China has around 20% of the world population. The US in comparison has around 5%.
I think this may be of an influence, other than the things mentioned in the thread here before.

[arbitrage001]

China is the world's biggest exporter, and the world's second importer, with 1.2 billion people!
So yeah the growth in China's economy is huge.
By 2020 , China is expected to surpass the USA in gdp.  

It is unlikely that US will let China get to the top without challenge.

Who really know if a direct confrontation/global war will benefit/hurt who the most?