Desertfalcon
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- Jun 14, 2009
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I agree. I am a big fan of Anthony Bourdain and his TV shows and I have nothing but respect for the Chinese people. There has been tremendous growth and improvements in China since they abandoned Marxist economic models. Once they abandon their antiquated Marxist political model and become a representative democracy, China will quickly become the world's pre-eminent superpower. But your point is quite valid. The thread would have more merit had it been named, "Shanghai makes NYC...". China's prosperity, as you say, is concentrated along a very thin strip of territory on the Pacific coast line. Go into the interior of China and it's like travelling in a time machine back to the bad old days of Chinese poverty, and subsistence agriculture.Unfortunately statistics disprove him.
There might be an upper class that is very wealthy much 90% of Chinese still have to get by with few dollars a day.
There are 1,5 billion Chinese which is a huge burden on the economy. Now exports are decreasing China has to switch to domestic markets but nobody has money. The rich are transfer their money out of China at lightening speed which tells me a boom boom will happen soon.
Chinese never ending economic growth is nonsense. Every economy has its rise and its fall. China had its best days and is maturing in terms of growth. The problem is unlike other countries China will have 1,4 billion hungry Chinese on their hands if an economic crises happens. The rich Chinese will already have left the country leaving the poor without savings or food.
And as for New York City, she was a ragged mess during the 1970's through the mid 1980's but nothing about that city is very "third world" today. It is vastly improved since I first went there 30 years ago.