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Originally Posted by smallpox
What a load of fallacies. Because he is respected, it must be true? If you're not going to back him up beyond that, I have no reason to share emotional sentiments rather than rational ones regarding his opinions.
I was responding to your idea that economic development was unpredictable. So it's a kind of a given that I would bring it up. Why wouldn't I? It's not like China is the first country in the world to industrialize. Is bringing up this crucial fact making you feel threatened for China?
There's not much contest between China and the US. China still has a predominantly farmer population, lack democratic avenues for the people, and outside agriculture still relies on manufacturing.
The US makes Boeing and nuclear reactors while China exports tooth brushes and cheap DVD players. Advanced economies are post-industrial, they have a dominant service sector that runs the economy. China is still in the middle between agrarian and industrial. The only way you can ambiguously compare China to the US, is because of absolute rates from the giant population (that is quickly aging BTW), no one can argue against the fact that per-capita rates are much more relevant for the whole economic well-being of a nation.
My teacher, neighbor, mother and father are actual people with merits, and shortcomings. A nation though, is just a piece of land with arbitrary border lines and given special significant only via socially constructed myths.
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You are really speaking things out of context. I didnt saying whatever MM Lee Kuan Yew says is 100 % true. What I did say, if you mind, is that whatever he says has CERTAIN AMOUNT of truth in it. Not PURELY TRUE. If he is unintelligible, he will not be respected and his statements will not be well read. Comparibly, if Warren Buffett would be making some statements about current economics in US, it is stupid to view against him. Its not that he will not be wrong but the amount of truth in it is more than any of us here might have thought otherwise. Anyway, it is a waste of time arguing such a common sense with you.
All countries has its up and down especially a country as big as China. What would you expect from a country with as many as a billion plus people. All its problems will be magnified few times more.
What you are saying shows how unintelligible you are and how little knowledge you have in economics. Well, Australia, New Zealand, US and Canada has major economy in agriculture as well. According to your argument, how can they be developed? I am not saying China is developed now mind you. I do agree with you and it is something obvious that do not need a rocket scientist to figure out that China is still not advanced. But although they are not as advanced presumedly as with US, Japan, or other technological advanced nations, they are catching up fast. This year they will be conducting a space walk. Mind you again! I WAS SAYING CATCHING UP! So, it doesn't matter ten or twenty years ago US did this or Russia did that ok.
Boeing? They source many parts from China as well especially their wings. China is developing a regional jet now. Like I said again, they are still catching up and not there yet. You were saying also China only produces toothbrushes? Darn you this shows how ignorant you are. You sure failed miserably in life because of your close mindset and ignorant views. They are currently the largest producer of laptops, LCD tvs, mobile phones and many other things you use at home.
I am not in a view that China will fly directly to the sky without any barriers. In between their rise, there would be some conflict and some ups and downs that they need to solve. You might not be able to see it now but your children and grandchildren might some day plead to learn chinese. I am saying Might, ok, not definite! If you choose to view negatively on all things China and be ignorant instead of seeing the opportunity, thats your own mistake.