China Roars

[wynn]

There are some ways to make the situation work

It’s not just gloom and doom, SA can benefit from what is happening, for everybody in SA.

Big Brother won’t go away, it's in how we deal with him and the rest of the world, that counts.

In the Eastern Cape we have witnessed the demise of many traditional small CBD businesses, they failed to adapt and as a result died, they cried about 'There being no business'.
Most CBD's were taken over by hawkers and traditional small businesses tried to carry on as usual instead of changing to suit the new shoppers that followed the hawkers, the Chinese shopkeepers filled the gap successfully.
Traditional small businesses cried about 'There being no business, which was in fact 'bullshit', the face of business just changed, in most instances business actually grew for those prepared to change, witness Ellerines, Pep Stores etc. in fact the Chinese set up a business as close as they can get to any Pep Stores in any town they can.

I believe that as 'whiteys' we need to source Chinese goods as cheaply as the Chinese shopkeepers do directly from China and compete with them directly, I believe that any South African would prefer to buy from another South African rather than a Chinese provided the prices are the same.

As for the manufacturing industry, that ship sailed a long time ago, the Unions cooked that 'golden goose' and ate it too, so don't lose any sleep over it, adapt, why would you put up with the unions and their 'crap' when you can buy what you want when you need it without all the admin that goes with having staff? (I won't go into the way the unions want to close down labour brokers here) the Chinese will get their day as soon as their workers get the idea that they too can hold business to ransom.

[pmbguy]

...the Chinese will get their day as soon as their workers get the idea that they too can hold business to ransom.

The Chinese workforce is getting restless and the rising middle class seeks change, but....the government structure is strong.

According to the Constitution of the People's Republic of China since 1982, the National People's Congress (NPC), China's top law-making body, has the power to elect and force the resignation of the President. By law, the President must be a Chinese citizen of 45 years of age or older. The President cannot serve for over two successive terms, a term being the equivalent of one session of the NPC, which is five years. Also, all the authorities and works of the President must be done under the NPC and its Standing Committee's order.

So no luck there for top down change

Imports from china will increase at some point as a general trend. But, this is only after they take over the world...