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Originally Posted by poldim
One of those futurist books had a fact that america is producing something like 6,000 engineers per year while china is near 90,000.
Time to  for a new job.
...and learn chinese... |
doesn't mean there are enough hi-tech R&D facilities from companies to put them all to work. Bet. at least 20,000 of them are boxing NIKE shoes in Guangzhou.
The other problem on our shore is lets take that US 6,000 figure. How many of those are those 'International students' that come here, get US taxpayer subsidized education... only to then fly back to their country and be a king there based on his prized 'Western' degree?
The biggest threat is 'foreign' investments into China. All these Western businesses setting up shop in China to make money only adds to China's might in the future (a Communist country, mind you)
but all these pioneering businessmen will be long dead by the time China explodes. They're just pocketing the riches while they're alive, but their grandkids... they'll see. It's inevitable as when USA took the world crown away from Europe, away from England, Germany. We had a long run.
And over there, China is surpassing Japan in economic power. That's a long overdue symbolic blow I bet the Chinese Gov't and some people are so happy about since Japan has almost always felt were superior to China + Japan's savage occupation of China + Korea (which US the world police - looked the other way until Japan bombed Pearl Harbor).