Microsoft Shuts Down Chinese Blog
01-06-2006, 04:59 PM
#21
3.0 BAR
Join Date: Oct 2005
Posts: 9,282
Re: Microsoft Shuts Down Chinese Blog
check it,
i like how he has a pessimistic gdp growth rate too... and his real growthrate is actually higher now
i like how he has a pessimistic gdp growth rate too... and his real growthrate is actually higher now
Table of Projected Growth Rates
Following are the projections for estimated growth over the next 20 years in the US and Chinese economies:
The starting figures for GDP and actual growth rates are taken from the CIA World Factbook. Values and projections are in millions of US dollars.
The long-term growth rate for each economy is taken from the UN Human Development Report.
The US long-term growth rate is actually reported at 2.0% by the UN report, but other estimates suggest that US GDP inadequately measures the impact of technological innovations which disrupt normal estimates of economic growth (downward price pressures on advanced computer technology, for example, may cause the share of GDP contributed by the computing sector to shrink or stay level even though it represents large returns to investment and vastly improved productivity). For this reason (and in order to illustrate that even a full percentage point improvement in growth cannot fully insulate the US from China's rapid growth), the estimate for long-term US growth is over-estimated to 3.0%.
The pessimistic estimate for growth is simply a rough figure that may reasonably be assumed to be the low end of what either economy might reasonably expect over the intermediate term, in both cases about 1/3 lower than actual growth in 2003.
In the real world, these growth rates may vary widely from year to year, but this forecast does not presume to represent a sophisticated model with multiple probabilities but rather a functional estimate projecting what is likely to occur if present patterns hold true.
Following are the projections for estimated growth over the next 20 years in the US and Chinese economies:
The starting figures for GDP and actual growth rates are taken from the CIA World Factbook. Values and projections are in millions of US dollars.
The long-term growth rate for each economy is taken from the UN Human Development Report.
The US long-term growth rate is actually reported at 2.0% by the UN report, but other estimates suggest that US GDP inadequately measures the impact of technological innovations which disrupt normal estimates of economic growth (downward price pressures on advanced computer technology, for example, may cause the share of GDP contributed by the computing sector to shrink or stay level even though it represents large returns to investment and vastly improved productivity). For this reason (and in order to illustrate that even a full percentage point improvement in growth cannot fully insulate the US from China's rapid growth), the estimate for long-term US growth is over-estimated to 3.0%.
The pessimistic estimate for growth is simply a rough figure that may reasonably be assumed to be the low end of what either economy might reasonably expect over the intermediate term, in both cases about 1/3 lower than actual growth in 2003.
In the real world, these growth rates may vary widely from year to year, but this forecast does not presume to represent a sophisticated model with multiple probabilities but rather a functional estimate projecting what is likely to occur if present patterns hold true.
01-06-2006, 05:28 PM
#22
1.5 BAR
Join Date: Jul 2003
Location: Minnesota
Posts: 1,122
Re: Microsoft Shuts Down Chinese Blog
Well China is in its industrial revolution so in the next decade things will become interesting. Our 50K a year middle class will prolly cease to exist.
China is hard to compete with on certain levels, Samsonite (sp?)luggage doesn't make their own product anymore. It was cheaper for them to buy there own rips offs and put there labels on them.
But on the other hand they don't know what to do if they can't copy it. A co-worker of my dads patented/manufactured a product and he knew he was gonna get ripped off by the chineese so for kicks he added things to the design that were utterly usless. Once he got a hold of the knock off there they were, two hole and two pins that served no purpose what so ever, just as he had expected.
China is hard to compete with on certain levels, Samsonite (sp?)luggage doesn't make their own product anymore. It was cheaper for them to buy there own rips offs and put there labels on them.
But on the other hand they don't know what to do if they can't copy it. A co-worker of my dads patented/manufactured a product and he knew he was gonna get ripped off by the chineese so for kicks he added things to the design that were utterly usless. Once he got a hold of the knock off there they were, two hole and two pins that served no purpose what so ever, just as he had expected.
01-06-2006, 05:35 PM
#24
3.0 BAR
Join Date: Oct 2005
Posts: 9,282
Re: Microsoft Shuts Down Chinese Blog
Originally Posted by G2turbo_terror
China is hard to compete with on certain levels, Samsonite (sp?)luggage doesn't make their own product anymore. It was cheaper for them to buy there own rips offs and put there labels on them.
<insert terrorist breifcase bomb joke here>
01-11-2006, 08:30 AM
#27
3.0 BAR
Join Date: Oct 2005
Posts: 9,282
Re: Microsoft Shuts Down Chinese Blog
http://news.yahoo.com/s/ap/20060111/...ge/china_trade
forsome reason.. all of a sudden this chart doesnt seem too far fetched.
China's trade surplus surged to $101.9 billion in 2005, more than triple the $32 billion gap recorded the year before
With total global trade of $1.42 trillion, China is now the world's third-biggest trading nation
The figures were largely in line with expectations, but they were likely to intensify pressure for Beijing to loosen foreign exchange controls that U.S. officials and other critics contend keep the Chinese currency, the yuan, undervalued, making Chinese exports relatively cheap in overseas markets.
Originally Posted by buk9tp
01-11-2006, 09:36 AM
#29
0.0 BAR
Join Date: Oct 2004
Posts: 0
Re: Microsoft Shuts Down Chinese Blog
And this is why I hate when big corporate companies outsource jobs. My mom lost her job because of that, and so did a few close family friends. It sucks *** when a company goes from nothing to someting in a few years, then goes public, then in another few years decides they want some chinese ----------ers to produce the product 
The Chinese quality of living is going up as their population growth decreases. They're eventually going to bypass the US in production unless we do something about outsourcing.
The Chinese quality of living is going up as their population growth decreases. They're eventually going to bypass the US in production unless we do something about outsourcing.
01-11-2006, 09:41 AM
#30
3.0 BAR
Join Date: Dec 2003
Posts: 8,155
Re: Microsoft Shuts Down Chinese Blog
someone said china doesn't have the potential to be a superpower thats not true. There econmoy has been growing and growing since 2000. They are one of the reason why are gas prices is high because of the supply and demand. They were consider the fastest growing economy in 2004. There economy has been growing at least 10% a year more than most countries. Thats all my social studies class has been talking about china's economic growth.
