If you are a toy manufacturer in China, you should be very worried. The development of 3D printers is growing. It has manufacturing countries with low labor costs as their competitive advantage in the cross hairs. It will change wealth patterns and shift more wealth to heavy consumer countries like the USA from low consumer high manufacturing countries like China.
Showing posts with label China. Show all posts
Showing posts with label China. Show all posts
Thursday, November 14, 2013
Monday, November 21, 2011
China's economic development/political stability
Hey
I am watching comments and actions from China's government lately and am wondering if they are starting to deliberately slow down economic development to keep their political system in tact. I have read and am posting the following stories that piqued my interest.
When the rich leave an area, there is a need that isn't being met. I'm feeling that the need not being met has a lot to do with personal freedom and expression.
Guardian article
Reuters article
I am watching comments and actions from China's government lately and am wondering if they are starting to deliberately slow down economic development to keep their political system in tact. I have read and am posting the following stories that piqued my interest.
When the rich leave an area, there is a need that isn't being met. I'm feeling that the need not being met has a lot to do with personal freedom and expression.
Guardian article
Reuters article
Thursday, June 10, 2010
China Global Finance again
Hey
So here another couple stories that indicates a shift in importance towards China in the area of global finance. Both stories were found off of Yahoo! Finance.
China Growth
Geithner China Currency Importance
Happy wealth building!
So here another couple stories that indicates a shift in importance towards China in the area of global finance. Both stories were found off of Yahoo! Finance.
China Growth
Geithner China Currency Importance
Happy wealth building!
Thursday, May 27, 2010
Global Financial Leadership shifting
For the past century, the normal headline would have read " Markets stabilize as US makes positive remarks about Europe." But the headline today read "Markets stabilize as China makes positive remarks about Europe." That headline is showing the world how leadership in global finance is shifting away from the US and towards China.
Are we losing our touch or is China simply gaining theirs? I'm thinking it is a combination. Our current financial leaders have shown a personal greed that has endangered our standing at the top. In the last 20 years, China's financial leaders have had a more leadership, less personal profit focus that has put them in a stronger financial leadership position than before. They haven't eclipsed us yet, but it could happen. We need to have a less personal profit, more leadership focus from our financial leaders.
The headline says it all. It would be nice if we could get back to that.
Are we losing our touch or is China simply gaining theirs? I'm thinking it is a combination. Our current financial leaders have shown a personal greed that has endangered our standing at the top. In the last 20 years, China's financial leaders have had a more leadership, less personal profit focus that has put them in a stronger financial leadership position than before. They haven't eclipsed us yet, but it could happen. We need to have a less personal profit, more leadership focus from our financial leaders.
The headline says it all. It would be nice if we could get back to that.
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