Re:What Does Evergrande Meltdown Mean for China?
by endisneigh on Thursday September 23, 2021 @11:14AM
(#28630358)
Absolutely no chance. Mexicans are incredibly hard working, but there's basically no way they'll become the next China.
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Re:What Does Evergrande Meltdown Mean for China?
by justicezyx on Thursday September 23, 2021 @01:39PM
(#28632449)
Mind to list some issues in Mexico's growth prospect?
Re:What Does Evergrande Meltdown Mean for China?
by Jensson on Friday September 24, 2021 @04:56AM
(#28640055)
Mexico isn't poor enough, it is at the same level as current China. The main driver is that a country is way poorer than it ought to be based on other factors such as government efficiency and worker skill. In that scenario companies will flock to the countryin order to leverage the low wages, creating an economic boom which will last until the country is no longer a good deal for those companies.