PLA expert says China will not be a military rival to US for at least 50 years

[NiceGuy]

Right, PLA is so weak and corrupted , its new soldier bribe abt 16,000 USD to get a good salary in the army , thats so disgusted. CN has no choice but let US rule its TW for 100 years more and hope CN wont collapse again in the next 100 years

 

[Genesis]

Yeah pretty much. Russia is going backward. Once the advantage of producing low cost goods is gone, China's growth growth rate is going to about the same as the US or any other developed country. Its bit of a struggle to move things along once you get to a certain point. I thought you'd know that, being German and all.

It's already gone, dude, or do you consider three to five times the wage to be still having the advantage in wage?

China is a huge market it self, we have the infrastructure, we can produce every part of a product, we have experienced managers, established reputations, large amount of capital and more.

High wage is relative, it's still far lower than in the US, but it's far higher than the other developing countries.

Will we hit a wall? Yes, but that day is not here.


One of the interesting things people do with China is you magnify China's problems, and forever fail to mention the fatal flaws that kept the others from out performing us.

We are not perfect and we got tons of problems, but once you see how much worse it is for the countries you think can "replace" us, you might be sing a different tone. Then again, I been Chang-ed before.

 

[DrawingDead]

China's wealth is real, while your wealth is only the printing press and your military extortion.

Lol ok! When they have 3 times as much of this "real wealth", lemme know 'cause that's what 300 millions Americans have.

Lack of wealth, my ***. You still owe us trillion of dollar! LOL.

We don't "owe" you shit. You invested because you that it was a good idea. Feel free to sell and get out anytime you like. You own a tiny piece (6%) of the debt. The Japanese own close to the same. You're not some exclusive lender to us we count on to keep us afloat.

Aging population can be fix through immigration policy, and the future is heading toward robotic and automation.

Robotics cannot really fix aging population's issues. Robots not consuming anything is a double edged sword. They might not need a retirement plan but they're not going to be buying TVs and cars either. Immigration policy is a more viable solution. However, you're going to be competing with a lot of developed countries over a pretty small talented workforce. The rest of what's available will be consuming resources.

That is because we have 5 times the population of you. Just 20,000 GDP per capital is enough to cause MASSIVE global power balance.

Yes, that would make China the largest economy in the world. However, considering the looming retirement, healthcare costs and the substantial internal debt that various municipalities have, is it going to enough to cover all the expenses and leave enough for a substantial military? I guess only time will tell.

 

[Skull and Bones]

When a lion roars, you won't mistake it for a mouse. Don't mess with China. We are a big and powerful country.

But you're Canadian.

 

[xunzi]

We don't "owe" you shit. You invested because you that it was a good idea. Feel free to sell and get out anytime you like. You own a tiny piece (6%) of the debt. The Japanese own close to the same. You're not some exclusive lender to us we count on to keep us afloat.

Then stop asking us to buy more of your junk. LOL

Robotics cannot really fix aging population's issues. Robots not consuming anything is a double edged sword. They might not need a retirement plan but they're not going to be buying TVs and cars either. Immigration policy is a more viable solution. However, you're going to be competing with a lot of developed countries over a pretty small talented workforce. The rest of what's available will be consuming resources.

Robotics fix productivity. One human can operated 10 robots. So 1 robot can allow 9 person to retire. LOL You can have all the immigrants. Nobody compete with you over those. Relax. LOL

Yes, that would make China the largest economy in the world. However, considering the looming retirement, healthcare costs and the substantial internal debt that various municipalities have, is it going to enough to cover all the expenses and leave enough for a substantial military? I guess only time will tell.

If you haven't collapse consider the massive debt you owe to foreign entities. I am not sure if we can collapse since our debts are local own. LOL

 

[Kiss_of_the_Dragon]

Our products will find plenty of markets once the Eurasian infrastructure will be ready. Europe, Asia and Africa have over 4 billion potential consumers, plenty of workforce and natural resources. Think big, very big. The US will become an insignifican island.

Germany and entire EU future is link to EuroAsia continent, with one road and one belt estiablished, we will have a great future.

 

[DrawingDead]

It's already gone, dude, or do you consider three to five times the wage to be still having the advantage in wage?

China is a huge market it self, we have the infrastructure, we can produce every part of a product, we have experienced managers, established reputations, large amount of capital and more.

High wage is relative, it's still far lower than in the US, but it's far higher than the other developing countries.

Will we hit a wall? Yes, but that day is not here.


One of the interesting things people do with China is you magnify China's problems, and forever fail to mention the fatal flaws that kept the others from out performing us.

We are not perfect and we got tons of problems, but once you see how much worse it is for the countries you think can "replace" us, you might be sing a different tone. Then again, I been Chang-ed before.

First of, you have to take what I'm saying with a grain of salt . I'm in a firefight with a less than competent poster. So I kinda need you to look the other way for a bit.

I do agree with you that people tend to magnify China's problems. However, it's the price you pay for being the king of the hill. Think about everything that's said about the US. Everyone brings up our debt. But if you examine it closely, 2/3rds of our debt is internal. Our debt to wealth ratio is about better than most countries in the world. Yet all I read everyday on this forum is, it's over, we're done, we're going to go bust when we're nowhere close to that. We have 83 trillion dollars in wealth and owe 6 trillion to foreign entities. Is there any chance we're going bust? Yet we have to listen to this crap everyday. You're just getting your fair share now. Get used to it.

 

[Genesis]

We don't "owe" you shit. You invested because you that it was a good idea. Feel free to sell and get out anytime you like. You own a tiny piece (6%) of the debt. The Japanese own close to the same. You're not some exclusive lender to us we count on to keep us afloat.

6% is huge dude, it sounds small, but 6% is huge.

Robotics cannot really fix aging population's issues. Robots not consuming anything is a double edged sword. They might not need a retirement plan but they're not going to be buying TVs and cars either. Immigration policy is a more viable solution. However, you're going to be competing with a lot of developed countries over a pretty small talented workforce. The rest of what's available will be consuming resources.

Robotics is already taking some jobs, it's not really about what that robot can consume, it's about what that robot can do for the person operating and working along side it. What it can do is increase productivity of the person, know what that means.

Yes, that would make China the largest economy in the world. However, considering the looming retirement, healthcare costs and the substantial internal debt that various municipalities have, is it going to enough to cover all the expenses and leave enough for a substantial military? I guess only time will tell.

substantial? How much is substantial? China's 140 billion this year is about 15% of total government spending, and 1.4% total GDP. Japan spends 1 percent and 60 Billion which is also about 15%.

So we are a pacifist buddy.

What substantial budget?

First of, you have to take what I'm saying with a grain of salt . I'm in a firefight with a less than competent poster. So I kinda need you to look the other way for a bit.

I do agree with you that people tend to magnify China's problems. However, it's the price you pay for being the king of the hill. Think about everything that's said about the US. Everyone brings up our debt. But if you examine it closely, 2/3rds of our debt is internal. Our debt to wealth ratio is about better than most countries in the world. Yet all I read everyday on this forum is, it's over, we're done, we're going to go bust when we're nowhere close to that. We have 83 trillion dollars in wealth and owe 6 trillion to foreign entities. Is there any chance we're going bust? Yet we have to listen to this crap everyday. You're just getting your fair share now. Get used to it.

You want to trade buddy? lol I'll take the US criticism any day over ours.

 

[DrawingDead]

Then stop asking us to buy more of your junk. LOL

You're buying 'cause you think there's money to be made. If you're doing it out of generosity, why don't you try some Somali govt bonds? They pay a lot higher interest than the US treasury bonds.

Robotics fix productivity. One human can operated 10 robots. So 1 robot can allow 9 person to retire. LOL You can have all the immigrants. Nobody compete with you over those. Relax. LOL

Robotics fixes productivity. It doesn't lead to consumption so while a robot reduces the cost of an item, it doesn't lead to the expansion of the govt's tax base and income.

If you haven't collapse consider the massive debt you owe to foreign entities. I am not sure if we can collapse since our debts are local own. LOL

Only 6 trillion plus of our debt is held by foreign entities and we have 83 trillion in wealth. Trust me, we're in better shape than you think.

@Nihonjin1051 He is chinese, the personal staff of Xinhua agency in German.

Is he? I thought he was Russian. He's always whining about Ukraine and the western conspiracy.

 

[xunzi]

You're buying 'cause you think there's money to be made. If you're doing it out of generosity, why don't you try some Somali govt bonds? They pay a lot higher interest than the US treasury bonds.

We're buying because you ask us to and of course, there is benefit to that.

Robotics fixes productivity. It doesn't lead to consumption so while a robot reduces the cost of an item, it doesn't lead to the expansion of the govt's tax base and income.

Just because old people retire, it doesn't mean they won't spend. They might not spend on daily consumption item like electronic but they spend on different things. In fact, old people spend on service rather than goods.

Only 6 trillion plus of our debt is held by foreign entities and we have 83 trillion in wealth. Trust me, we're in better shape than you think.

That is because you can print endless amount of money and pass those debt to your allies. This is why, I must admit, the power of the dollar which the world grant to you, allow you to buy and do whatever the hell you want.

 

[NiceGuy]

China-Russia should support VN to kick US's @zz out of Asia like before 1975, VN is the only nation in the world who can defeat US until now

CN leader Xi should support VN like chairman Mao if he doesnt wanna see US smash CN into pieces again

 

[Battle of Bach Dang River]

China-Russia should support VN to kick US's @zz out of Asia like before 1975, VN is the only nation in the world who can defeat US until now

CN leader Xi should support VN like chairman Mao if he doesnt wanna see US smash CN into pieces again

LOL You do not know that the chinese warmly welcomed Americans in the 1970s?

 

[NiceGuy]

LOL You do not know that the chinese warmly welcomed Americans in the 1970s?

Chairman Mao still supported VN until 1975, Deng made a big mistake when bowing down , accepted US's rules over TW .

Chairman Mao is a wise man wt far vision, to him, US always be the biggest threat, not VN or Russia.

 

[Battle of Bach Dang River]

Chairman Mao still supported VN until 1975, Deng made a big mistake when bowing down , accepted US's rules over TW .

Chairman Mao is a wise man wt far vision, to him, US always be the biggest threat, not VN or Russia.

Not to 1975, china cut its support North Vietnam from 1968. It is not your Chairman Mao welcomed Nixon in 1972?

 

[cnleio]

Not to 1975, china cut its support North Vietnam from 1968. It is not your Chairman Mao welcomed Nixon in 1972?

This is i said Game Ruler, that's ur guys never understand ... look at UN, IMF etc international organizations there always saw the Top5. Some Big Boss can easily change human history developing, but u lack that power.