IAmNeil

AlphaSeeker Wrote:
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> So what? From a living standard standpoint, US
> will still beat China for years to come.
>
> US passed UK more than 100 yrs ago, UK still one
> of the most developed country in the world.

More to the point, we will all eventually have a higher living standard as a larger workforce comes on line and we are able to divide labour to the highest degree. I think it is to be embraced as the Chinese are becoming more and more open - market wise & politically. As long as we can trade goods in open markets, great. First Russia, then China. Even Cuba is coming round to the idea - they are allowing citizens to buy their houses.