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eyyy china one step closer to a superpower
Posted: Thu Feb 17, 2005 3:23 am
by losCHUNK
http://news.bbc.co.uk/1/hi/world/asia-p ... 272577.stm
It is now the world's biggest consumer of grain, meat, coal and steel. Only in oil does the US consume more.
Posted: Thu Feb 17, 2005 3:36 am
by R00k
They're getting big, but they're still very dependent on us for a lot of things, including their economy.
If they weren't pegged to the dollar, the value of their currency would go way up, and they wouldn't be able to export all their products nearly as cheaply as they do. In which case we, their biggest consumer, wouldn't buy nearly as much from them, and they would probably go back into recession.
But right now they're a huge contender, and what worries me the most is all the oil alliances they are making - especially with countries who traditionally supply us almost exclusively, like Venezuela.
Posted: Thu Feb 17, 2005 3:40 am
by losCHUNK
aye, im just thinking how much of a bitch it would be if they both kick off
Posted: Thu Feb 17, 2005 3:43 am
by HM-PuFFNSTuFF
mucka haiya ding ding!
(shout that in chinatown)
Posted: Thu Feb 17, 2005 3:44 am
by losCHUNK
im sure id get 90lbsx100 on top of me in a second
Posted: Thu Feb 17, 2005 3:48 am
by Tormentius
@Rook. IMO we'll see China dwarf the US as both an economic and military superpower over the next 50 years. Any dependence they do have isn't going to last for long.
Posted: Thu Feb 17, 2005 4:05 am
by plained
China intrigues me
Posted: Thu Feb 17, 2005 4:50 am
by SplishSplash
Wow. They eat a lot. Shocking.
Posted: Thu Feb 17, 2005 7:20 am
by signa
R00k wrote:They're getting big, but they're still very dependent on us for a lot of things, including their economy.
yes, especially because Dell employs most of china for tech support.
Posted: Thu Feb 17, 2005 8:31 am
by dmmh
10 more years....
Posted: Thu Feb 17, 2005 10:13 am
by Massive Quasars
China needs to sort out it's economy, it's a big player now.
Posted: Thu Feb 17, 2005 10:36 am
by Grudge
It's funny how they're holding the us dollar by the balls. If the us starts to get cocky, they just have to squeeze a little.
Posted: Thu Feb 17, 2005 11:04 am
by blood.angel
R00k wrote:They're getting big, but they're still very dependent on us for a lot of things...
Its a two way thing you know.
Posted: Thu Feb 17, 2005 11:11 am
by Ryoki
There's also an interesting link in Chinese oil imports and Iran - i recon they import enough oil from there to not stand for a US-Iranian conflict.