This is their best chance to escape their coming economic trap. They control so few actual resources beyond labor.
As an American I worry they might succeed, as a human, I actually hope they do, it would bring a true revolution by finally giving us cheap, safe energy, and hopefully it would scale down to let us democratize it compared to the massive capital sinks of current nuclear power.
As an American, I hope they succeed. This is a scenario like the old anecdote about why the farmer gives his best seed to his neighbors - we succeed only when we all succeed, especially in terms of environmental degradation.
Now, China’s foreign policy? I’m still up for opposing that.
This is their best chance to escape their coming economic trap. They control so few actual resources beyond labor.
Is that actually the case? I am not sure how many resources china has in their own country (I assume there are a few with it being this vast), but I think they are tackling the resource problem more so with their investments in Africa and other poor countries. And because the war Russia also has fewer countries to sell to besides China.
I think the true longterm problem is actually with the cheap labour force you mention. As the standard of living rises, so do wages. And more importantly they’ll experience the same demographic shift other developed countries are currently experiencing with an aging population. With the difference that it’ll be worse for them due to the one child polic.
This is their best chance to escape their coming economic trap. They control so few actual resources beyond labor.
As an American I worry they might succeed, as a human, I actually hope they do, it would bring a true revolution by finally giving us cheap, safe energy, and hopefully it would scale down to let us democratize it compared to the massive capital sinks of current nuclear power.
As an American, I hope they succeed. This is a scenario like the old anecdote about why the farmer gives his best seed to his neighbors - we succeed only when we all succeed, especially in terms of environmental degradation.
Now, China’s foreign policy? I’m still up for opposing that.
That’s the thing, their resource constraints are the only thing holding back their foreign policy.
But I would still consider this a great gift to humanity and worthy of recognition.
Is that actually the case? I am not sure how many resources china has in their own country (I assume there are a few with it being this vast), but I think they are tackling the resource problem more so with their investments in Africa and other poor countries. And because the war Russia also has fewer countries to sell to besides China.
I think the true longterm problem is actually with the cheap labour force you mention. As the standard of living rises, so do wages. And more importantly they’ll experience the same demographic shift other developed countries are currently experiencing with an aging population. With the difference that it’ll be worse for them due to the one child polic.