The following are comments posted on Space’s March 18, 2010 blog article entitled “美國人欺人太甚” http://mindnecessity.blogspot.com/2010/03/13015435-412-23-15-21-130fox-3000-4.html
微豆 Haricot said... Sunday, March 28, 2010 12:40:00 PM
Policy discussions in the US appear to be very divisive, polarized and partisan these days. So, I am not surprised to hear different policy opinions coming from different parts of the same country. Generally speaking, when times are tough, ppl tend to have a more "conservative" view of the world.
Canada has also gone thru some tough negotiations with the US on various trade-related issues. Obviously, the higher the Canadian dollar, the more difficult it is for our manufacturing industries to export to the US, which partly explains why the Ontario economy is in such bad shape.
As for China, it is true that the purchasing power of the growing middle-class could help create a sustainable domestic market, thereby potentially reducing the economy’s dependency on export to the US. However, there are challenges facing both the supply and demand sides of such a vast internal market, including but not limited to:
- infrastructure for the transportation of skilled labours, feed materials, services and goods across the country (this is currently being addressed in part by China’s national hi-speed railway program)
- a modernized financial infrastructure with multi-nodes interlinking efficiently and reliably urban and rural centres across the country
- the development, implementation and enforcement of clear and transparent legislation, policies and regulations on commercial investments and competitions applicable to large national / provincial / regional enterprises as well as SMEs
- good governance practices by the different levels of govts/officials; and good management practices by the entrepreneurs and their partners (lessons learnt from the not-too-distant past !!)
- sufficient consumer confidence in the branding and quality of "made-in-China" products and services so the population will choose local (本地貨) over foreign suppliers (外國貨).
The above are just some thoughts for your considerations.
(Please note the mentioning of other authors in this blog does not necessarily constitute my endorsement of their positions or opinions.)