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主题:【原创】数字来说话--为子玉兄的美元理论做注解 -- 种植园土

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家园 把中国big bang掉 is not my

intention.

I only predict that a big slow down for China. That's inevitable for a capitalism economy. China is actually a capitalism nation, of the pre-1900 type of capitalism.

China has used its cheap labor to finish the 2nd stage of industrialization (first round happened in 1950s. We should thank Russians to help us establish a foundation). China has entered the big league of industrial nations, though still a junior partner.

China should over time increase its manufacturing price or estabish mechanism to avoid excessive export price cut. Higher price will result in higher margin, BETTER LABOR wage, better life for average Chinese, more profit for next stage R&D and further elevation of China's economy and available resources for environmental cleanup.

Today's China is like the capitalism jungle of UK in the 18th or 19th century: the destruction of environment is very severe and Chinese need to think carefully for the welfare of future generations.

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