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China and India will reshape the world


Guest Tony n Terrific

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He said China and India are great countries whose people are only recently emerging from long histories of being "incarcerated by communism or caste." The rise of their economies is creating a new middle class that would be three billion strong within 30 years and that is setting a new benchmark for global competitiveness.

 

"The world has never seen this kind of advance before," Murdoch said. "These are people who have known deprivation. These are people who are intent on developing their skills, improving their lives and showing the world what they can do."

 

maybe he needs a history lesson...

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He said China and India are great countries whose people are only recently emerging from long histories of being "incarcerated by communism or caste." The rise of their economies is creating a new middle class that would be three billion strong within 30 years and that is setting a new benchmark for global competitiveness.

 

"The world has never seen this kind of advance before," Murdoch said. "These are people who have known deprivation. These are people who are intent on developing their skills, improving their lives and showing the world what they can do."

 

maybe he needs a history lesson...

And a few on the present as well. :stupid:

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Guest lilac6451
He said China and India are great countries whose people are only recently emerging from long histories of being "incarcerated by communism or caste." The rise of their economies is creating a new middle class that would be three billion strong within 30 years and that is setting a new benchmark for global competitiveness.

 

"The world has never seen this kind of advance before," Murdoch said. "These are people who have known deprivation. These are people who are intent on developing their skills, improving their lives and showing the world what they can do."

 

maybe he needs a history lesson...

And a few on the present as well. :happydance:

 

Do you mean this part of Chinese history?

 

China is an East Asian country with a large territory, a huge population and an ancient history. With written records dating back 4,000 years, it is recognized as one of the four great ancient civilizations of the world, together with ancient Egypt, Babylon and India. Moreover, it is the only ancient civilization that has continued to this very day. :cheering:

Edited by lilac6451 (see edit history)
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He said China and India are great countries whose people are only recently emerging from long histories of being "incarcerated by communism or caste." The rise of their economies is creating a new middle class that would be three billion strong within 30 years and that is setting a new benchmark for global competitiveness.

 

"The world has never seen this kind of advance before," Murdoch said. "These are people who have known deprivation. These are people who are intent on developing their skills, improving their lives and showing the world what they can do."

 

maybe he needs a history lesson...

And a few on the present as well. :happydance:

 

Do you mean this part of Chinese history?

 

China is an East Asian country with a large territory, a huge population and an ancient history. With written records dating back 4,000 years, it is recognized as one of the four great ancient civilizations of the world, together with ancient Egypt, Babylon and India. Moreover, it is the only ancient civilization that has continued to this very day. :cheering:

I meant chinese history as you show the sustaining parts... we're so western centric whenever 'history' is viewed ; and we view the east's history as opressive...

 

Most still seem uncapable of accepting that China had an incredibly long period of bronze and metal crafting,probably mainly to serve the military whose exploits shows they developed stragetic formations long ago.

 

Their renaissance was about 400 years before the west, where they could not only print but printed money in color. This period was at the same time that Europe was closing up on the "Dark Ages"... Seems almost a Yin Yang diametrically opposed cultures. Silk and tea are of so ancient a discovery they pre-date the west by close to 2000 years.

 

During the 1400s, their military was unsurpassed; the west was just getting around to a renaissance. The earliest reports back spoke of their superiority in production and manufacture of imitations; certainly must of been so for hundreds of years.

 

On their own and isolated, they did so without need of global markets... today, we only talk of global markets and both what we can contribute and gain from it.. as well as sinking from it. It seems such a same to only think in this way and forget what some countries accomplished that allowed a global market to even exist...

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He said China and India are great countries whose people are only recently emerging from long histories of being "incarcerated by communism or caste." The rise of their economies is creating a new middle class that would be three billion strong within 30 years and that is setting a new benchmark for global competitiveness.

 

"The world has never seen this kind of advance before," Murdoch said. "These are people who have known deprivation. These are people who are intent on developing their skills, improving their lives and showing the world what they can do."

 

maybe he needs a history lesson...

And a few on the present as well. :)

 

Do you mean this part of Chinese history?

 

China is an East Asian country with a large territory, a huge population and an ancient history. With written records dating back 4,000 years, it is recognized as one of the four great ancient civilizations of the world, together with ancient Egypt, Babylon and India. Moreover, it is the only ancient civilization that has continued to this very day. :ph34r:

I meant chinese history as you show the sustaining parts... we're so western centric whenever 'history' is viewed ; and we view the east's history as opressive...

 

Most still seem uncapable of accepting that China had an incredibly long period of bronze and metal crafting,probably mainly to serve the military whose exploits shows they developed stragetic formations long ago.

 

Their renaissance was about 400 years before the west, where they could not only print but printed money in color. This period was at the same time that Europe was closing up on the "Dark Ages"... Seems almost a Yin Yang diametrically opposed cultures. Silk and tea are of so ancient a discovery they pre-date the west by close to 2000 years.

 

During the 1400s, their military was unsurpassed; the west was just getting around to a renaissance. The earliest reports back spoke of their superiority in production and manufacture of imitations; certainly must of been so for hundreds of years.

 

On their own and isolated, they did so without need of global markets... today, we only talk of global markets and both what we can contribute and gain from it.. as well as sinking from it. It seems such a same to only think in this way and forget what some countries accomplished that allowed a global market to even exist...

 

 

All true.

 

But I think the essence of his point is based on "superpower" status, as in being the dominant economic force of the world. During the 19th Century (as for pretty much all of recorded history), China was in fact the largest economy in the world, but Britain was dominate as a world economic power. A global economy dominated by China is likely the way of the future.

 

I think what he said was poorly worded and simplistic, but I read it not as him saying China was repressed for it's entire history, but rather that the people living in China today have living memory of repression and deprivation (much as Americans in the 40's and 50's had living memory of the great depression and hardships of war) and are now emerging from it, and that momentum of striving for success coupled with their huge population will create an enormous middle class which will change the landscape of the global economy drastically. (Maybe I am interpreting too much, but I took it as meaning to be positive, not dismissive).

 

While he did basically by his statement if taken literally, make is seem as if China was always communist... his point was positive towards China in that other nations need to take notice and also meant to give credit to China for advances never seen before in the world (which in terms of scale is true).

 

It was a quote from a speech touching on the future of global economy after all, not a history lesson on every awesome thing China ever did.

Edited by Jeikun (see edit history)
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I don't disagree.. but I'm not sure that what China is trying to do is be dominant in the global market.. it's kinda coming by default as they reach out to establish relationships that benefit themselves and are sometimes not so concerned who they do business with :rolleyes:

 

 

Right, it's not a "battle plan to dominate the world economy". But by striving to do the best they can, and secure prosperity for themselves as people and a nation, and sheer population not being a factor to be ignored, this will likely be the result. Much as we never set out to dominate the world economy as a goal in and of itself. We simply sought to "pursue happiness" and that is the effect of being sucessful.

 

If 15 years from now China is the dominant economy, and has a high standard of living etc etc... there is no shame in it for anyone. It's not a contest. As long as we are better off than we are today also, and making consistant progress why begrudge the success of another? As long as we are smart and maintain profitable and mutually beneficial relationships, their success is our sucess and vice-versa.

Edited by Jeikun (see edit history)
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