Post
Topic
Board Economics
Re: China - everything is fine! But everything is bad ...
by
Vishnu.Reang
on 15/08/2021, 12:49:15 UTC
China is a greedy and inhuman country, the latest pandemic also came from China from Wuhan and they really made a lot of bad things, food or all chemical products. cause cancer, greed has not stopped there for many centuries, they always want to be global hegemony, aggressive with European countries, silently poisoning young generations of Asian countries, food also like their ideology. I always thought the CCP was no different from the old Nazis, I didn't like them.

Three decades ago, China was a poor and overpopulated country, with one-fourth of the population living in extreme poverty. The economic situation was similar to the neighboring nations such India and Myanmar. But starting from the early 90s, the Chinese government was able to increase the wealth level of its population, by establishing new manufacturing units with the help from western investors. It was a mutually beneficial decision. Western investors profited in terms of lower labour costs and relaxed regulations and the Chinese workers benefited from higher salaries. Obviously there were negatives as well. As you mentioned, many of these manufacturing units produce huge amounts of toxins and pollutants. The neighboring nations such as India followed the same policy, but with a lag of two decades. Now it is going to take them 20-25 years, to reach the same level of prosperity that the Chinese enjoy.