China to Overtake U.S. Economy by 2032

Re:China to Overtake U.S. Economy by 2032 by Sephr on Tuesday December 26, 2017 @12:14AM (#16007206)

If the Great Firewall is anything to go by, I would expect Chinese people to be spending less on American services due to more services being blocked.

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Re:China to Overtake U.S. Economy by 2032 by partiallypro on Tuesday December 26, 2017 @12:22AM (#16007237)

The Chinese government has grown slightly more protectionist as of late, imo their current economic situation is very fragile, despite the western fear of the rise of China. The U.S. economy is very diverse and robust, and has undergone several shocks...China, has not in the modern boom really experienced any sort of deep economic swoons. I fear what houses of cards have been built, which normally don't reveal themselves until the chairs run out. Their government is so hamfisted and wasteful, it's hard not to imagine an economic earthquake on the horizon. The US and Europe are really the main drivers of the world economy right now, China and many emerging economies have been slowing down.

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Re:China to Overtake U.S. Economy by 2032 by xref on Tuesday December 26, 2017 @02:05AM (#16007563)

I am fascinated by what may happen in China financially as well. The chairs have run out on the US many times, and Iceland, and Ireland, and Venezuela, and Argentina, and Greece...you get it.

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Re:China to Overtake U.S. Economy by 2032 by omarforgotpwd on Tuesday December 26, 2017 @02:08AM (#16007567)

Let’s see what happens in the future. I don’t believe that a lot of things the chinese government is doing right now are sustainable. I believe that somehow the markets will eventually open up and closely resemble the US / Europe. Who knows how long it will take or if it will even happen in my lifetime though. The huge advantage of the US over China is a stable and fair rule of law. Things like the first amendment and private property rights matter a lot for business. The article talks about the year 2032. Do you think the firewall will still be live then? I hope not.

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Re:China to Overtake U.S. Economy by 2032 by chrisco255 on Tuesday December 26, 2017 @02:52AM (#16007649)

What firewall? My Baidu search results don't mention a firewall.

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Re:China to Overtake U.S. Economy by 2032 by hactually on Tuesday December 26, 2017 @05:33AM (#16008027)

Can you use Google? Can you use Gmail/Hotmail? Wikipedia? Facebook?

I couldn't from Shanghai

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Re:China to Overtake U.S. Economy by 2032 by dis-sys on Tuesday December 26, 2017 @12:23AM (#16007241)

there are many many regular US products that are banned from being exported to China. for example, you can order a Intel Phi processor from your local computer shop and build a hobby computer using that, yet it is criminal offence to sell that to Chinese buyers living in China.

watch the video below, Chinese citizens could end up in US prison for doing that.

https://www.youtube.com/watch?v=I0U6ZMeVrB4

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Re:China to Overtake U.S. Economy by 2032 by seanmcdirmid on Tuesday December 26, 2017 @12:34AM (#16007285)

It’s funny because the Phi isn’t even that great compared to a GeForce, which can be imported into china. Heck, they don’t even ban Teslas.

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