Friday, August 14, 2009

Will everyone want to go to live to China in the next 20 years more than in the United States

Will everyone want to go to live to China in the next 20 years more than in the United States?
is economy growing for everyone of every social and economical class in China? or just growing for the rich people?
Corporations - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
I think our money will be wise to go live there, When the coming economic boom really takes off in China It is going to be huge for those lucky enough to be on the ground floor. Many still see China as they did 20 years ago, The influx of monies since they took Hong Kong back has made even the hard core communist there ease up a bit. They realize they need Capitalism to help their emerging middle class make it. Remember how big their Population is............. Their military, just military, is equal to our entire population. I think as the younger generation takes control there, it is in our best interest to become strong allies.
2 :
My company has just built a plant there, but my understanding is because China is severly limiting imports and exports. So if you want to sell your product in China, it is best to have it made in China. However, we are also told we will never get the money out of the country. All profits in China have to stay in China. Don't know how much of this is true or interpretation, but that is what I am told.