Why so anti-India? The India hate on this forum is sometimes bordering on racist. It is in fact prudent for China to watch out for India. India will have a huge labour advantage over China in coming decades. Even if they are able to use it half as efficiently as China, they will be on par.
Cus they're anti-China and unlike us, they get their facts wrong and brag about it. Half is a tall order. It's like saying if snail can run half as fast as a horse. Mind your history on India's "development."
China's incredible success outshines India, and makes it look way behind, when outside China and East Asian developing countries, India has done pretty well for itself. And given demographic changes, India can probably sustain a medium growth level (6-8%) for longer duration of time.
Only time will tell, but if we are talking about events on the scale of a 15-20 years, India will matter if they do even modestly good. It's already the 4th/5th largest economy.
They can do modestly good; half the world does. It has nothing to do with China, fighting at the top of the world for the throne and winning.
Automation has existed since the industrial revolution, it makes labor more productive, however labor is still able to find its way out if it has any competitive advantage over machines.
Also, a completely automated world, where labor is no longer relevant at all, is a nightmare for China, because then natural resource endowment will matter more, an area where China is significantly behind the West which has 4 times the land mass of China, and in general world domination.
Not really, what will matter more is technology and innovation and China will continue to make it a Western nightmare on that front.
Automation/Technology makes people more productive, however established historical patterns until now mean that people just migrate to newer avenues of jobs, higher scale etc. So automation/technology is instrumental in production/capita. But the overall production/GDP is still multiplied by capita.
Until now, there has never been a fundamental decoupling of either production or consumption aggregates from total humans.
So if less people make and consume more product, better product, more expensive product, GDP per capita increases as does quality of life. That's the effect of automation.
My point is that you can't rely on the other side underperforming by 3x (the current ratio of Indian to Chinese births) as your national policy.
Your point should be restated. Can we rely on China to continue overperforming by a factor of 3 against Indian manufacturing? It's all comparative and we've won every comparison because we weren't even looking at them; we were comparing with the US.
Japan's decline also is a result of demographics. The older generation who was comfortable in analog systems never used, or realized the importance of digital systems, computation, internet etc. They were not savvy enough. Japan was the originator of the idea of "robots/automation being the solution for demographic challenge." It didn't work out for them.
I agree a shrinking population can support increasing consumption, but you need a major labor friendly push for that. Current Chinese thinking is too conservative, and has leaned on wage and labor suppression rather than enabling higher wages, implementing labor laws etc.
Japan's decline is the result of defeatism and American colonialism. It was mentally crushing for the Japanese to lose WWII, but they had false hope that they could stand back up with the economy. Then America's grip over them meant that they were crushed there too. They lost all hope. What's the point of fighting when you're just a puppet living in a jar in the palm of your master's hand?
Also, regarding international markets, China (with a war coming over taiwan) will definitely lose most of the international markets, definitely the West.
Good, they deserve a hard knock to their quality of life, getting their goods made by China while they pay little for them. Before China moves on the island, we will reach a point where the West offers nothing in trade that China wants but China makes everything they need to sustain their basic economy. We can sharply decouple then.
India may get its act together, higher wealth may lead to people demanding cleanliness, who knows.
LMFAO who knows? Not you, but you talk.
India is a definite potential threat to China.
Yeah yeah, we've heard this many times. I also think India has great potential from seeing the Indians in the West as they perform on a high level. But then after seeing India's native performance, we've all realized that India's ability to acheive potential is at least as low as its potential is high.
This is also the reason why it's unwise for China to lose more people when it is facing against the combined West + India + other countries like Phillipines, Vietnam, Mongolia etc.
What topic is this? I thought you were talking about why we're anti-Indian? Isn't this a banned demographic topic that you were dunked on several times before already before they had to shut it down? This exact line has been answered and defeated many times, but you bring up the zombie point again and again, in different discussions as if we never debated you to the point where you had no response.
Most here are just 24/7 angry and whining about god knows what. It‘s just annoying as hell to read pages upon pages of whining in an echo chamber no less. Once they encounter some counter trolling, they can‘t handle that either and instead cry to moderators for bans. Just terminally online perpetual children waking up and crying.
For a rational discussion, I would rather go to a western forum.
Don't know what's more pathetic; a person offended by others' choice in music or a person who goes onto a forum to bitch and moan about how it sucks and how he'd rather be on another forum LOL Was that meant to make a single person want to make a change to keep you here or make you more comfortable?