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Example of China's growing influence on the world...

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JonB
Afraid of Mileage



Joined: 03 Jun 2004
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PostPosted: 16:07 - 27 Feb 2007    Post subject: Example of China's growing influence on the world... Reply with quote

https://news.bbc.co.uk/1/hi/business/6400789.stm

Notice how the whole world's stock markets dropped considerably.

If more growth happens in China, with the unstable politics they have in that country, the whole world could see another "Wall Street Crash" very soon. Maybe this will warn companies about the reliance on the Chinese economy.

Discuss.
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innominate
Brolly Dolly



Joined: 18 Nov 2004
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PostPosted: 16:24 - 27 Feb 2007    Post subject: Reply with quote

Such is the nature of the Free Market.

Occasionally eveything will go tits-up, no matter who is currently top of the Power tree.


Surely the politics in Chaina are actually very stable, with only the ruling party in charge. IIRC.
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Mister James
I want to believe!



Joined: 10 Aug 2004
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PostPosted: 16:24 - 27 Feb 2007    Post subject: Reply with quote

To be honest, while it's indisputable that China is a growing economic power, there is no real story here. If you look further down the page, it mentions that the possibility of a minor South African tax had a similar effect on UK shares.
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map
Mr Calendar



Joined: 14 Jun 2004
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PostPosted: 16:26 - 27 Feb 2007    Post subject: Reply with quote

So if I've got this right the world's economy may be fubar'd by China.
If that doesn't happen then China's economic growth and industry is putting out so much pollution then the world will be fubar'd by China.

Putting it into perspective I did read somewhere that if an earthquake devestated Tokyo (it could happen) the Japanese would have to withdraw capital from around the world to rebuild it. That would seriously fubar all the other countries economy, including mighty U.S.A. , for many, many years.
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GodzGift
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Joined: 13 May 2006
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PostPosted: 17:07 - 27 Feb 2007    Post subject: Re: Example of China's growing influence on the world... Reply with quote

Jon B wrote:
If more growth happens in China, with the unstable politics they have in that country, the whole world could see another "Wall Street Crash" very soon.


Is this some sort of joke? Its natural for countries which hold the biggest populations in the world to have a steady hold on the world economics. e.g. india.

China will not affect the individual countries, reason being, if the UK would like to take away some trade, they should switch to production more and rather then import. If more counties done this it would be fine.

Still im not sure about these dodgy ebay sellers which seems to be cropping up more and more, cheap products mean less durability, as a consumer you can take control as well.
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Old Thread Alert!

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