Friday, May 06, 2005

Chinese Connection

A short discussion about China emerged on the comment page of one of Ted's posts on his blog. It got me thinking and I just happened to stumble on a really good article about the future of China in the world. I wasn't sure what to think. You cannot deny the sheer size of China. I wonder if they can maintain a successful ecomony under a communist regime. Recent history suggests otherwise, but 9% growth per year is unbelievable (although they can only go up).

I won't say that it scares me or anything. I will say that its a little unsettling. I'll probably be long dead before anything happens, but it should be interesting to see how the U.S.-China relationship develops in the next 50 years.

3 comments:

tabitha jane said...

there you have it.

everyday.wonder said...

Excellent article. I've always been impressed with articles written by Zakaria. Lots of very informative (and not really very surprising) pieces of the where-is-China-going puzzle. I've always said that they are the power to watch. Interesting what would happen if China and India ever did boot American superiority in first-run science and engineering. That'd be a scary day...

ted said...

I think the two most frightening things about China are its level of resource consumption (over the past two years China's level of steel consumption has led to prices rising so high here that it is now a common crime for people to steal steel) and its refusal to not link yuan to the dollar.