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what happens to expats if china japan escalates

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  1. #51

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    No different to what they are facing now and their expansion the last 30 years.

    Over the last 30 years China has grown an average of 10% a year. To keep things sustainable for employment etc they need to growth 8% a year and the policies of the government will align with this.

    It's also to illustrate a point that the economy will surpass the US within the next 5 years an they will continue to invest around 2% of GDP in military spending and there is no reason not to continue this.

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  2. #52

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    Quote Originally Posted by virago:
    No different to what they are facing now and their expansion the last 30 years.

    Over the last 30 years China has grown an average of 10% a year. To keep things sustainable for employment etc they need to growth 8% a year and the policies of the government will align with this.

    It's also to illustrate a point that the economy will surpass the US within the next 5 years an they will continue to invest around 2% of GDP in military spending and there is no reason not to continue this.

    China's demographics could be a large problem. China's median age in 1980 was 22. It is now about 35 years (about that of the US). By 2050 it is projected to be 49.

    By 2050 the median age in China is projected to almost 50 years old! China is getting old VERY fast. This trend will have profound financial and social consequences and could impact the amount of money they spend militarily.
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  3. #53

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    Quote Originally Posted by closedcasket:
    China's demographics could be a large problem. China's median age in 1980 was 22. It is now about 35 years (about that of the US). By 2050 it is projected to be 49.

    By 2050 the median age in China is projected to almost 50 years old! China is getting old VERY fast. This trend will have profound financial and social consequences and could impact the amount of money they spend militarily.
    Compared to the US the savings rate is 3.5% to China's near 40% coupled with impressive surpluses with some of this channelled into Sovereign Funds to help pay for the growing aging population.

    As the US population grows steadily in real terms China's won't start declining till around 2025 but still has impressive pools of labour for many years to come.

    Meanwhile by 2050 China's GDP is predicated to be double that of the US.

    In terms of military spend I suppose it's only as good as your next competitor and as the US continues to slow dramatically while China needs to continue it's growth.

  4. #54

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    Quote Originally Posted by garycyk:
    And your point is what? In a world of globalization we see many people moving across the globe and settling in places outside of their country of birth. There are economic and personal factors involved. The expats on this board testiies to this.

    Recently we have had the richest man in France trying to emigrate because of high taxes。

  5. #55

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    Quote Originally Posted by virago:
    Compared to the US the savings rate is 3.5% to China's near 40% coupled with impressive surpluses with some of this channelled into Sovereign Funds to help pay for the growing aging population.

    As the US population grows steadily in real terms China's won't start declining till around 2025 but still has impressive pools of labour for many years to come.

    Meanwhile by 2050 China's GDP is predicated to be double that of the US.

    In terms of military spend I suppose it's only as good as your next competitor and as the US continues to slow dramatically while China needs to continue it's growth.


    Interesting indeed. Some even predict that India's economy will be larger than Chinas by 2050. By 2050 their will be NO European country in the top ten (economies). Indonesia will be the 4th largest economy....
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  6. #56

    Well the US by treaty is required to protect Japan militarily. China knows this. It is in no ones interested to start something.

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  7. #57

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    Quote Originally Posted by GlobeTraveler00:
    Well the US by treaty is required to protect Japan militarily. China knows this. It is in no ones interested to start something.
    Same goes for Taiwan and the tens of thousands of troops in S-Korea are there for a reason, too. Doesn't look good for China.
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  8. #58

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    If you look at the cyber attacks stories you will see where the next global conflict will be fought - not with bullets between the powerful but in cyberspace.

    The story today is China but the US have been attacked by Iran, India, Russia and who knows what Israel has done in this arena.

    China has shown too it will play the economics card and squeeze an opponent in the proverbial infamous statement of Chuck Coulson of Watergate plumbing fame:

    If you got the people by the balls, their hearts and minds soon follow.


  9. #59

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    Quote Originally Posted by Football16:
    If you look at the cyber attacks stories you will see where the next global conflict will be fought - not with bullets between the powerful but in cyberspace.

    The story today is China but the US have been attacked by Iran, India, Russia and who knows what Israel has done in this arena.

    China has shown too it will play the economics card and squeeze an opponent in the proverbial infamous statement of Chuck Coulson of Watergate plumbing fame:

    If you got the people by the balls, their hearts and minds soon follow.

    Cyber attacks are very scary, not because of the damage they can inflict, but because it is difficult to prove who is responsible for them. This makes retaliation difficult, and retaliation is usually the best deterrent.
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