Re: Development Race: China and India

On May 7, 9:12 am, RichAsianKid <richasian...@[EMAIL PROTECTED]
> wrote:
> On May 6, 2:23 am, pg <pen...@[EMAIL PROTECTED]
> wrote:
>
>
>
> > On May 5, 10:34 pm,RichAsianKid<richasian...@[EMAIL PROTECTED]
> wrote:
>
> >
>http://www.gnxp.com/blog/2005/09/thomas-friedman-brains-vs-language.php
>
> > > Make sure you read the above **in total**.
>
> > Sorry I had to cut of a large part of your message, because if I
> > don't, you might not even locate my answer admist a sea of words.
>
> > Enuf of my explanation ... but when I read that link you provided
> > (thanks!) in verbatim, I also read the comments, all 53 of them.
>
>
>www.haloscan.com/comments/raldanash/112746833861738814?url=http://www...
>
> > One of the commentor "pconroy" actually quoted a guy named "William
> > Pfaff", in regarding the same issue.
>
> > Please allow me to quote it below ...
>
> > "My feeling is that China's power today tends to be greatly
> > overestimated. I say that in full recognition of the spectacular
> > growth in GNP, or GDP, which China has experienced in recent years.
> > But I note that this economic success is based on foreign investment
> > and is directed toward ex****t. In other words, it is a service to the
> > most developed industrial countries, not an autonomous phenomenon or
> > development of China and its own economy. China does not function by
> > autonomous technology; it is not a leading technological innovator. It
> > may become one, but at the present time it is a derivative economy"
>
> > Now how are you gonna argue with _that_ ??
>
> > Derivative economy, I agree. In fact, many countries (except for the
> > African countries who are like beggars) are living on derivative
> > economy. Even America.
>
> > Derivatives may mean many thing, but the most im****tant ones include:
> > derivative incomes based on prior investments and/or patent owned.
>
> > In fact, UK, US, Germany, France, and Italy are living mostly on
> > income generated from prior investments.
>
> > China, on the other hand, is surviving (I am not going to use the
> > world thriving, because it ain't) on the "bread-crumb effect" ...
> > essentially spillover from the rich.
>
> > When the bread-crumbs stop coming, that is, when the rich ain't rich
> > anymore, China will suffer.
>
> > India, on the other hand, is on the inventing surge. India is
> > inventing things like crazy.
>
> > China, on the other hand, seems to have stuck in what they have been
> > doing for the past 15 years --- producing goods based on price.
>
> > There's little or no invention from the Chinese front.
>
> > Take, for example, the recent episode of "Free Tibet" movement and
> > their attack on the Olympic Torch .... even in this we can see that
> > the Tibetans actually took charge of the matter --- they practically
> > invented the "Hate China Movement".
>
> > On the other hand, the Chinese? Poor chinks couldn't do anything but
> > yelling and *****ing, and hitting back with punches. ... that is, the
> > Chinese are only good at RE-acting .... they play second fiddle in
> > this.
>
> > If in social events the Chinese couldn't take charge, what do you
> > think what they can do in the technological front --- where the
> > Chinese are notoriously known as COPIER and FAKER.
>
> > I'm a Chinese, but I ain't that "China is God" type of Chinese. I see
> > the world as it is, and when the Chinese are fakers, I say so.
>
> > In China, there are 1.3 Billion "fakers". Perhaps there are about
> > 1,000 inventors, but the 1.3 billion fakers have overwhelmed those who
> > genuinely contributed to the society.
>
> The Chinese are copiers and fakers of course, and everyone knows this.
> I've posted this previously many times before. Make sure you follow
> the links:
>
>      http://tinyurl.com/6a9k4v
>
> BUT....if what you wrote represents the best the pro-India side can
> come up with, then God help India! First, FDIs used to be one of those
> things that countries crave for, but hey now the implication is that
> it is a bad thing, perhaps it signifies dependence. Besides, when it
> comes to innovation, the well-publicized EIU study in 2007 shows that
> while India was 2 places ahead of China out of the 82 economies ranked
> in 2002-2006, in 2007-2011 it will be 2 places behind India. In other
> words: innovation is supposed to be China's **weakest** point, and
> quite obviously it is (China is 54th out of 82 economies), and yet
> India at best on par with China and is falling behind.


Would you kindly give us the link to the above "EIU study", please? I
would like to see HOW they derive whatever they claim.

I am not saying that I do not trust you, it's that the "EIU study"
itself is too damn fishy.