Real Intention of STALINIST CHINA
Quote from Richard Spencer,18th, April, 2006, The Telegraph Blog....
More in keeping with the latter is China Shakes the World, by the former Financial Times bureau chief here in Beijing, James Kynge. Kynge studied in China in the early 1980s and for his long experience is regarded as a doyen of China hands among the journalist community. His book has been long awaited. Its story is gripping: how the rise of China is affecting the world elsewhere in ways it often does not realise until it is too late.
What makes it such a good read is that it is not an economic text-book, but a series of images. It starts off with a steel plant in the Ruhr being stripped and taken apart bit by bit by a thousand Chinese workers whose ability to work all hours, every day, stuns the German locals. Next time we see Kynge, and the plant, the Chinese are rebuilding it complete on the shores of the Yangtse, where it goes on to capitalise on the rise of the steel price that Chinese economic growth has brought about and the Germans never saw coming when they closed the factory down. We all know Chinese manufacturing is challenging the west. Kynge explains how, and throws in, perhaps unintentionally, ripostes to some of the more complacent and political analyses that dominate European and American thinking at the moment.
It's a commonplace, for example, to complain that in the United States the rich are getting richer and the middle classes are getting poorer. Nothing to do with politics, suggests Kynge - while companies can make huge profits by outsourcing to China (which improves directors' and investors' shares), everyone earning between $25-75,000 is having their pay squeezed by the fact that Chinese workers earn a fraction of that for doing the same thing. That applies even if you are not in direct competition.
Countries and companies that think they are doing OK may just be failing to understand what is happening. He talks about the Italian textile town which expanded rapidly as Chinese illegal immigrants arrived in the 1980s - lots of new, cheap labour made things look good for a while, and the number of textile firms in the town rose from 4,000 to 6,000. Now, those same Chinese immigrants are buying the firms, and outsourcing the production back home. The 3,000 firms that are left are increasingly empty "front-of-house" for the manufacturing process elsewhere. Kynge even reveals a Savile Row tailor who takes his client's measurements just like the old days - then emails them to China. The suit arrives in the post. What neither book can tell us definitively is the dynamics of where this is heading.
Here are some statistics I have come across recently. They are well-known to the experts but probably not to most ordinary people, I would hazard.
The United States' share of world industrial output grew between 1990 and 2002 from 20 to 23 per cent
Britain's share, on the other hand, fell from 4.1 per cent to 3.2 per cent
France's share stayed constant, at 4.7 per cent
Germany's share fell substantially, from 10.2 per cent to 7.9 per cent
Yet Germany still has the world's biggest trade surplus - bigger, did you know, than China, Japan and India combined?
Put together, do these figures not challenge everything you thought you knew about Germany and France being economic basket-cases, Britain being a model of successful liberal reforms, the US being crippled by competition from China (as its congressmen would have it)? The answer is not clear.
France and Germany, according to Kynge when talking about his book the other day, are indeed complacent. Germany's peculiar figures - high trade surplus and dwindling share of manufacturing - are a reflection of what happened in Japan. The cheaper stages of manufacturing, which use more labour and are thus less productive, have already moved east, keeping the trade surplus up but reducing employment. In France, this is all still to come, but come it must. America may be like the Italian textile town - the rise before the fall.
What's not clear is whether Britain's figures mean we have less to fear - because our manufacturing decline has already happened - or more.
And likewise, back down the farm, what is the future for Anhui's farmers? All the stories Chen and Wu tell are, of necessity, from the 1990s. Now the government is promising to boost rural incomes, to make it easier for farmers' boat to stay afloat. Or will the money being doled out just empower the hoodlums who run local Party committees even more, and tread China's hundreds of millions of peasants even further underfoot?
THIS IS SO CLEAR TO PROLETARIAT MONDIAL
CHINESE PROLETARIAT MAKING SACRIFICES TO FUTURE WORLD REVOLUTION!!
ONE DAY ON THE FUTURE ALL THE PARASITIC PETIT BOURGEOIS WILL DOWN JOBLESS!
WHY?
BECAUSE ALL PRODUCTIVE JOBS WILL BE MOVED TO CHINA>>>
FOR THE REST OF 900.000.000 PEASANT IN CHINA WILL GET PETIT BOURGEOIS FATE THEY DESERVED...
TRANSFORM TO PROLETARIAT OR BECOME A BEGGAR-CRIPPLED PARASITE THAT DEPENDS THEIR LIFE ON GOVERNMENT....
More in keeping with the latter is China Shakes the World, by the former Financial Times bureau chief here in Beijing, James Kynge. Kynge studied in China in the early 1980s and for his long experience is regarded as a doyen of China hands among the journalist community. His book has been long awaited. Its story is gripping: how the rise of China is affecting the world elsewhere in ways it often does not realise until it is too late.
What makes it such a good read is that it is not an economic text-book, but a series of images. It starts off with a steel plant in the Ruhr being stripped and taken apart bit by bit by a thousand Chinese workers whose ability to work all hours, every day, stuns the German locals. Next time we see Kynge, and the plant, the Chinese are rebuilding it complete on the shores of the Yangtse, where it goes on to capitalise on the rise of the steel price that Chinese economic growth has brought about and the Germans never saw coming when they closed the factory down. We all know Chinese manufacturing is challenging the west. Kynge explains how, and throws in, perhaps unintentionally, ripostes to some of the more complacent and political analyses that dominate European and American thinking at the moment.
It's a commonplace, for example, to complain that in the United States the rich are getting richer and the middle classes are getting poorer. Nothing to do with politics, suggests Kynge - while companies can make huge profits by outsourcing to China (which improves directors' and investors' shares), everyone earning between $25-75,000 is having their pay squeezed by the fact that Chinese workers earn a fraction of that for doing the same thing. That applies even if you are not in direct competition.
Countries and companies that think they are doing OK may just be failing to understand what is happening. He talks about the Italian textile town which expanded rapidly as Chinese illegal immigrants arrived in the 1980s - lots of new, cheap labour made things look good for a while, and the number of textile firms in the town rose from 4,000 to 6,000. Now, those same Chinese immigrants are buying the firms, and outsourcing the production back home. The 3,000 firms that are left are increasingly empty "front-of-house" for the manufacturing process elsewhere. Kynge even reveals a Savile Row tailor who takes his client's measurements just like the old days - then emails them to China. The suit arrives in the post. What neither book can tell us definitively is the dynamics of where this is heading.
Here are some statistics I have come across recently. They are well-known to the experts but probably not to most ordinary people, I would hazard.
The United States' share of world industrial output grew between 1990 and 2002 from 20 to 23 per cent
Britain's share, on the other hand, fell from 4.1 per cent to 3.2 per cent
France's share stayed constant, at 4.7 per cent
Germany's share fell substantially, from 10.2 per cent to 7.9 per cent
Yet Germany still has the world's biggest trade surplus - bigger, did you know, than China, Japan and India combined?
Put together, do these figures not challenge everything you thought you knew about Germany and France being economic basket-cases, Britain being a model of successful liberal reforms, the US being crippled by competition from China (as its congressmen would have it)? The answer is not clear.
France and Germany, according to Kynge when talking about his book the other day, are indeed complacent. Germany's peculiar figures - high trade surplus and dwindling share of manufacturing - are a reflection of what happened in Japan. The cheaper stages of manufacturing, which use more labour and are thus less productive, have already moved east, keeping the trade surplus up but reducing employment. In France, this is all still to come, but come it must. America may be like the Italian textile town - the rise before the fall.
What's not clear is whether Britain's figures mean we have less to fear - because our manufacturing decline has already happened - or more.
And likewise, back down the farm, what is the future for Anhui's farmers? All the stories Chen and Wu tell are, of necessity, from the 1990s. Now the government is promising to boost rural incomes, to make it easier for farmers' boat to stay afloat. Or will the money being doled out just empower the hoodlums who run local Party committees even more, and tread China's hundreds of millions of peasants even further underfoot?
THIS IS SO CLEAR TO PROLETARIAT MONDIAL
CHINESE PROLETARIAT MAKING SACRIFICES TO FUTURE WORLD REVOLUTION!!
ONE DAY ON THE FUTURE ALL THE PARASITIC PETIT BOURGEOIS WILL DOWN JOBLESS!
WHY?
BECAUSE ALL PRODUCTIVE JOBS WILL BE MOVED TO CHINA>>>
FOR THE REST OF 900.000.000 PEASANT IN CHINA WILL GET PETIT BOURGEOIS FATE THEY DESERVED...
TRANSFORM TO PROLETARIAT OR BECOME A BEGGAR-CRIPPLED PARASITE THAT DEPENDS THEIR LIFE ON GOVERNMENT....
posted by Reqiyaqereh @ 1:44 AM
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