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September 30, 2005

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bernie

To believe the above statistics about poverty in China is to believe in the tooth fairy. Just visit China and you will quickly realize the stats discussed above have nothing to do with the nation in question. Poverty is real and widespread.

Bob Jonas

This is a great help 4 my information report on China

Franchises in Africa

I would like to say China's economic policy has taken advantage of low wages to expand through export led growth. Just as Japan did in the post-war years. It is a strategy that works and China is to be congratulated for using it.But, if you think this sort of strategy can persist forever, you are sadly wrong. China must develop, and very quickly, an economy that is more accentuated upon internal demand, not foreign demand for goods and services. It can do it, of that there is little doubt.

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