How long China becomes the world leader in business?

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SUMMARY

China's potential to become the world leader in business is debated, with some arguing that its current manufacturing growth is hindered by a lack of democratic reforms and adherence to global business standards. By 2040, projections suggest China may surpass Japan in GDP, yet concerns about unstable growth and systemic issues persist. Critics highlight the need for unionization, environmental legislation, and other regulations to support sustainable business practices. The discussion emphasizes that while China exhibits a trade surplus, its leadership status remains contested due to these underlying challenges.

PREREQUISITES
  • Understanding of global economic indicators such as GDP and trade surplus
  • Knowledge of business regulations including unionization and environmental legislation
  • Familiarity with the implications of political systems on economic growth
  • Awareness of historical economic theories, such as those presented in the Club of Rome's "The Limits to Growth"
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  • Research the impact of democratic reforms on economic growth in authoritarian regimes
  • Explore the role of environmental legislation in sustainable business practices
  • Investigate the relationship between trade surpluses and global economic leadership
  • Study the business cycle and its effects on national economies
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Economists, business analysts, policymakers, and anyone interested in the dynamics of global economic leadership and the factors influencing China's business environment.

kiengian86
How long do you think it will be before China becomes the world leader in business?

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They will continue to grow their manufacturing base until they allow unionization, cap and trade, occupational and safety standards, anti-discrimination lawsuits, workers comp claims, environmental legislation, and all of the rest of the rules governing the free world.
 
How do you define "world leader"? GDP?
 
I doubt they will if they continue this stuff with the Green Dam.
 
By 2040 I believe, they are passing Japan by 2010 in the terms of GDP. But their growth is unstable I believe.
 
WhoWee said:
They will continue to grow their manufacturing base until they allow unionization, cap and trade, occupational and safety standards, anti-discrimination lawsuits, workers comp claims, environmental legislation, and all of the rest of the rules governing the free world.

That will only happen if they convert to a democracy. Right now they are a dictatorship. They are banning Avatar because a lot of the Chinese people relate to it as the Chinese government has been kicking many people out of their homes to make way for developers.
 
rootX said:
By 2040 I believe, they are passing Japan by 2010 in the terms of GDP. But their growth is unstable I believe.


In the short term no country's growth is stable. It goes up. It goes down. That's the business cycle.
 
WhoWee said:
They will continue to grow their manufacturing base until they allow unionization, cap and trade, occupational and safety standards, anti-discrimination lawsuits, workers comp claims, environmental legislation, and all of the rest of the rules governing the free world.

Why must a country follow these rules in order to become a world leader in business? I certainly know that if I ran my own personal country many of these 'rules' would not be in place at all.
 
  • #10
What makes up believe that China is not already the world leader in business? They are the only country in the world that runs a trade surplus and has not just a balanced budget but a surplus. Business leader -- work hard -- make stuff -- make money. I think China has got it already.
 
  • #11
Of course all the nations of the Earth are subject to the resource depletion talked about in the Club of Rome's book "The limits to Growth" 1972. It will be a rough transition for all.
 

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