The "Shanghai miracle"

Post #71,675 by Silverlock 12/31/02 2:51:16 AM Reply	The "Shanghai miracle" Is this a new term? I did a google search on it and found nothing. If it means what I suspect, (crazyass growth in the far east) I doubt we have seen more than the merest glimmers of what's to come. China is by far the largest ethnic/politco/socio/economic/ group on the planet. The country is becoming a international darling in regards to economic growth [link\|http://straitstimes.asia1.com.sg/money/story/0,4386,163639,00.html\|URL]. I think your parallel to 1950s America is shy of the mark. They have much farther to go than we did in the 50s. At the same time they have a far larger base of proletariat to draw from. 8% growth in a country of 1.5 billion. At least 2/3 of which are still country folk. Where can they go but up? Road building is still the major impetus to growth. There are farmers in this country who have never seen a tractor. This country will dominate the world in economic power within 50 years. It's inevitable. Too many people buying and selling too many things. The US and the EU will most likely have to join together in mutual defense. Why should we ask our military to die for cheap oil when the rest of us aren't even being asked to get better mileage? -[link\|http://www.workingforchange.com/article.cfm?itemid=14107\|Molly Ivins]
Post #71,680 by dmarker 12/31/02 4:07:31 AM Reply	Re: The "Shanghai miracle" A telling extract ... " 'China is very much a standout in 2002,' said Mr Michael Kurtz, an economist at Bear Stearns Asia in Hongkong. 'It's the only major economy that is firing on all cylinders.' China, whose economy is about the same size as Italy's, is growing faster than its major trading partners. The United States expanded by 3.3 per cent in the third quarter from a year earlier, Japan grew 1.5 per cent and Germany grew 0.4 per cent. " Cheers Doug Marker (Pity Hong Kong is missing out - HK is in worst recession since Korean war & worse is to come - by contrast Macao is set for growth & has signed up with three major (2 US 1 Chinese) Casino operators to greatly expand the Casino business there)
Post #71,684 by dmarker 12/31/02 4:23:37 AM 12/31/02 8:54:11 AM Reply	China appears ready to put man in space ... [image\|http://www.geocities.com/CapeCanaveral/Launchpad/1921/shenzhou-2.jpg\|\| -- It seems that this image of China's space center only appears in Netscape\|\|] [link\|http://www.geocities.com/CapeCanaveral/Launchpad/1921/shenzhou.htm\|Link to info & pix about China's Space Program] Today the SCMP ran the story of the 4th & last succesful launch & recovery of an unmanned space capsule that is part of China's program to get a man into space. ** Here is a news story after the 3rd unmanned launch earlier this year [link\|http://abc.net.au/ra/asiapac/features/AsiaPacFeatures_522028.htm\|http://abc.net.au/ra...atures_522028.htm] Here is an in-depth write up about China's space program. [link\|http://www.astronautix.com/articles/china.htm\|http://www.astronaut...rticles/china.htm] ** Seems that barring any failures or hitches, China may wel have entered space prior several times before the Olympics. Doug Marker [image\|http://www.geocities.com/CapeCanaveral/Launchpad/1921/shenzhou-44.jpg\|\| -- It seems that this pic of the rocket only appears in Netscape\|\|] Editing to include pics & get them positioned (they appear not to show with MSIE ???) Just did some checking and it seems MSIE 5 & 6 won't show the images embedded in this page hmmmm !!! Netscape 5 & 6 will - am assuming Other browsers will ##4 I also tried Knoppix & its browser but it doesn't show the two images. Bummer !!! so far they only appear in Netscape - WTF is wrong with the other ones - can't they handle a "src img=" html entry ? 8-( Doug Edited by dmarker Dec. 31, 2002, 06:27:58 AM EST Edited by dmarker Dec. 31, 2002, 06:33:36 AM EST Edited by dmarker Dec. 31, 2002, 07:11:18 AM EST Edited by dmarker Dec. 31, 2002, 07:28:12 AM EST Edited by dmarker Dec. 31, 2002, 08:54:11 AM EST Expand All History
Post #71,712 by rcareaga 12/31/02 9:51:24 AM Reply	...and on the moon [link\|http://www.astronautix.com/craft/chirbase.htm\|http://www.astronaut...raft/chirbase.htm] And wouldn't that, my auditors, be a telling metaphor for rising and descending powers? cordially, "Die Welt ist alles, was der Fall ist."
Post #71,740 by dmarker 12/31/02 11:47:11 AM Reply	Now that tops my news <grin>. Where will this end ? Who knows what 1.5 billion hardworking (don't lets debate the efficiency) people can achieve. But I have to say that in the 13 years I have been visiting the place it has transformed from a quaint communist backwater to a staggering powerhouse. I am inclined to repet the PM of Singapore's words "China's advancement in recent years is scary". In 1980 in Japan, a senior exec from Mitsubishi who I had met, had said thet the Japanese had a high regard for Hong Kong Chinese, followed closely by the Taiwanese but they regarded the mainlanders as unable to relate the the modern world of business. But in just 2 decades - the tables have turned. The Japs have the problem. Cheers Doug Marker
Post #71,777 by Ashton 12/31/02 6:14:46 PM Reply	Pics fine [and er.. deja vu] in Moz 1.01 When the rich assemble to concern themselves with the business of the poor, it is called Charity. When the poor assemble to concern themselves with the business of the rich, it is called Anarchy. -Paul Richards
Post #71,786 by deSitter 12/31/02 7:36:37 PM Reply	Laundry and take-out for ISS :) -drl
Post #71,865 by a6l6e6x 1/1/03 2:57:25 PM 1/1/03 3:02:52 PM Reply	Do you suppose they had some help... from [link\|http://www.nytimes.com/2003/01/01/international/asia/01EXPO.html\|Boeing Company and Hughes] Electronics the money grubbing, short-sighted, assholes! You cannot outsmart the folks that wrote the book on strategy. The State Department has accused two leading American aerospace companies of 123 violations of export laws in connection with the transfer of satellite and rocket data to China during the 1990's. The Boeing Company and Hughes Electronics Corporation, a unit of General Motors, were notified of the accusations last week. The letter outlining the accusations was made public earlier this week by the Office of Defense Trade Controls, the State Department unit that regulates defense-related trade. The letter provides new details of how American companies competed for Chinese business by offering to transfer aerospace data in connection with launchings of their satellites. The information included responses to inquiries by the Chinese and others about failures of the rockets carrying those satellites. Edit: added quote. Alex "No man's life, liberty, or property are safe while the legislature is in session."\t-- Mark Twain Edited by a6l6e6x Jan. 1, 2003, 03:02:52 PM EST Expand All History
Post #71,866 by deSitter 1/1/03 3:03:09 PM Reply	Re: Do you suppose they had some help... Well, at this point space should be a cooperative business. I don't mind if we supply most of the cooperation. Let's just do it. -drl
Post #71,867 by a6l6e6x 1/1/03 3:07:56 PM Reply	So China can help N. Korea and the Pakistanis build ICBMs? So Boeing, Hughes, etc., can get contracts for ABM systems? Sounds like a plan to me. :) Alex "No man's life, liberty, or property are safe while the legislature is in session."\t-- Mark Twain

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