Re:Why the World Is Too Optimistic About China's Economic Fu...
by tim333 on Tuesday October 21, 2014 @09:08AM
(#8487094)
>law of big numbers ...Lenovo is #1 in computer sales ...China owns the solar business
I think the big numbers thing is slowing things already. Going from 10% to 20% of the solar market is fine, 80% to 160% can't happen.
I agree China will do well. If you look at how Chinese people do anywhere outside China (Singapore, London etc) they all get degrees, drive nice cars and so on. Mainland China was reduced economically to close to zero by Mao's communism and is now catching up to how the Chinese are anywhere else.
I think the big numbers thing is slowing things already. Going from 10% to 20% of the solar market is fine, 80% to 160% can't happen.
I agree China will do well. If you look at how Chinese people do anywhere outside China (Singapore, London etc) they all get degrees, drive nice cars and so on. Mainland China was reduced economically to close to zero by Mao's communism and is now catching up to how the Chinese are anywhere else.