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Responses: 5
CPT Jack Durish
3
3
0
Lots of good stuff here. Interesting. However, I'd take exception on just one point. Is China really an ancient nation? It seems to me that it isn't even as old as the US, a relative new-comer in the world of nations. To be fair, its people are rediscovering ancient traditions now that the government has relaxed its grip on them, but it seems that they are still more modern than traditional
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Sgt Wayne Wood
2
2
0
Hmm... under Communist control, Chinese banks are directed to make massive ‘loans’ to government sponsored businesses which then, being massively inefficient & ineptly managed, are unable to repay the ‘loans’. Being that both the banks & the businesses are government controlled, the loans in default are written off.

Such an unstable system will eventually collapse. China’s entry into the WTO will only hasten this collapse unless drastic reforms are undertaken.

Hence, Xi’s crackdown on corruption, China’s drive for foreign investment (which require greater reform), and the territorial claims in the South China Sea (a potential source of oil wealth).

Things aren’t exactly as portrayed.
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SSgt Christopher Brose
SSgt Christopher Brose
3 y
"Things aren’t exactly as portrayed." Words to live by.
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SSgt Ray Stone
SSgt Ray Stone
3 y
Some are Trump's products are made in China
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SSG Diane R.
SSG Diane R.
3 y
SSgt Ray Stone nearly everything has at least a part of it made in China. Lol
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MCPO Roger Collins
2
2
0
Our best hope is the citizens of China continue the drive for capitalist results they are becoming used to. Patience and long term strategies are gradually are being overcome by the give me mine now, that we are so familiar with.
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