Headline, December20, 2013

''' - /// THE SHIVERS FROM -

CHINA'S- GROWING SHEER MIGHT !!! '''

During the last three decades China's economy has grown at the phenomenal rate of 10% per year, sometimes even exceeding even12%. Can China maintain such high rates for at least another decade?

I think it can.

China is starting from a lower base, and it's  = 1.3 billion -  domestic consumers will keep rates up because their disposable incomes are growing.

As its GDP has increased, China has become more assertive regarding international issues.

Those countries on its periphery  -Korea, Japan, Taiwan and ten Asean countries : Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam-  have felt China's growing influence.

When these states make policy decisions they now have to take China into account. There is no direct intimidation, but,  by denying access to its huge consumer market, China can punish those who are against its interests.

Therefore, none of these countries wants to be viewed as antagonistic. Increasingly, the same pressure is being felt worldwide: The balance of power has changed.

The U.S. realizes that China's status has grown and that its views must be accorded their due weight. Were it to feel slighted, China could make its displeasure felt by being uncooperative on international issues or policies that require its support. 

Mr Lee Kuan Yew - Minister Mentor Of Singapore, illuminates beautifully ''Singapore has a special relationship with China. We are 75% Chinese.

 As our second language is Chinese, it is taught in our schools. Thus we share an ease in communications, which has been a factor in about 3,500 Chinese companies deciding to base their operations in Singapore.

155 of which are listed on the Singapore Exchange. From Singapore the Chinese are able to study the region and eventually enter the markets of Malaysia, Indonesia, the Philippines, Thailand and Myanmar. 

Because Singaporean Chinese speak Mandarin, our businessmen, when investing in China, have found it easy to integrate China's workers with ours.

But lest Singapore   -or any other country in the region -forget that it is a smaller and younger country, Chinese officials obliquely remind ours that their written history goes back to 5,000 years to 3000 B.C., leaving unspoken the question : ''How old is your country'' 

None of the countries on its periphery can resist the attraction of China's market. Slowly, but inexorably, the entire world is being drawn into China's economic orbit. And:

if you look at China's policies over the last three decades there is little doubt that it has every intention of bringing its three northern neighbours  -Korea, Japan and Taiwan  -as well as the Asean countries into its economic fold. 

Of course, at the same time they all enjoy the benefits in trade and investment.''

China is a political and economic power the region cannot ignore. But neither, indeed, can China ignore the U.S. Although it has a smaller population   -310 million plus, plus versus  China's 1.3 billion plus plus.

The purchasing power of Americans is many times that of the Chinese. There is still time for the U.S. to counter China's attraction by instituting a free-trade agreement with other countries in the region.

This would prevent these countries from having an excessive dependence on China's market.

With respectful dedication to the Students, Professors and Teachers of Nepal. See Ya all on !WOW! the World Students Society Computers-Internet-Wireless:

'''Winner Takes All'''

Good Night & God Bless!

SAM Daily Times - the Voice of the Voiceless