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A vehicle for venting on philosophy, religion, and the general state of things. Proprietor: C. W. Powell

Wednesday, March 22, 2006

FT.com / Asia-Pacific / China - China's competitiveness 'on the decline': "The competitiveness of China's manufacturing industries has suffered serious erosion over the past year, according to one of the world's largest trade sourcing companies."
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Of course. China will face two choices, either one of which will be good for the West. 1. loosen the strings of the command economy [communism] and accept more capitalism; this will put more intense pressure to expand democracy and move toward peace with the West. 2. tighten the strings of the command economy in a desperate attempt to become or to stay competitive. Result: less competitive, for communism is never competitive. Collapse.
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