China has been on the top economic power of today media buzz. The china market is growing. Investors are seeing it as potential economic driving point. The world is seeing china as the top chart in economic growth. Yes they have done great to earn it but the question is,How did china being the world perceived poor country in 80s and even late 90s risen to become an unavoidable global shopping mall?.
It will be recalled that in 80s and 90s, China is depot of what is called then as fake product supplier. Inferior produced goods and top plagiarist in copying others built superior product and turn it to cheap article. Those days to an average Chinese entrepreneur is a starting point of change in history.Today china still have substandard product but not so much as it used to be in 1/2 decade ago. The Chinese growth was fueled by passion for the region to succeed in their best known entrepreneurship. They made a painful choice and ridiculous scarifies to get where they are today. They seek out friends even when the world has look down on them. they are not interested in making any enemy instead they extend their hands to friendship even when they are being ridiculed in so many countries of the world including the United State. Yes the United state used to make fun of Chinese people back in the days America was on top of the world chart. The illusioned American dream was attractive then that the world look up on them for survival while they gallantly playing a pompous game. Chinese entrepreneurs has stunned the world with more agile creativity and overzealous mind to survive in their ventures both home and abroad. We have so many illustrious entrepreneurs coming out of china and other Asian region than we had in other continents of the world.
One problem investors and businesses complain about china is their policy and censorship and This will either make china in the next coming years or break them. If they are not careful of what they do. They will drive investors to move to another country and reduce customers flow into china as we see already happening in Vietnam as an alternative Asia manufacturing depot. When this happen. The economy began to see decline. The Chinese biggest driving force of revenue currently is Africa. If any strong alternative was presented to African markets. Then they Chinese market will fall into big decline. So the earlier Chinese government look into their foreign business policy to create an enabling business atmosphere for foreign business inflow the better they will remain relevant in years to come in terms business preference.
As the Chinese market is growing. The United States who the media give a maiden name as number one economy of world is painfully declining in so many ways. So many states in united states today that is known to be a world shopping depot in 80s and 90s are not economically viable today. Take a look at Detroit and other cities around American states. You will see that the economy is gradually becoming a more borrower than more earner.Among over 50 states of America, Not up to 10 can boost of income that will sustain their growth. Other declining states need investment to grow, they need foreign investors to come and utilize their resources to create job for their citizens. They need progressive minds to explore talents to sustain their growth but all those needs are not coming. Companies are closing up in many states and moving to where they can survive either in other viable American states or at some point. Some consider going abroad to create a broader market presence and boost revenue.
A critical question should be. How did America fall so deep into such mess?. What could’ve gone wrong to make America a more consuming country instead of producing. What happen to the American long awaited dream?. is it still alive?.
Well! The answer to those question maybe numerous but to talk of American in this 21 century is a moon light tale. There few factors that make a America to stay on decline.
1. Creation many enemies instead of friends. 2. Superiority and pomposity. 3. Shortsighted planning.
These 3 things is what i saw in American economy today. Although one can argue my point but before you do. let me tell you reason why i mention those.
Starting from Bush era. America has created more enemy than friends. American businesses in different parts of the world is now under attack. Nobody is talking about what happen to America in 9/11 attack anymore. What they are talking now is what America has done after the incident. The fraud and other allegations being level against the country in different parts of the world is now affecting their businesses around the globe. In fact to many Arab nation. Anything that has America attach to it is a potential haram. It is a tempting attack point to many Arab war mongers. The American citizens cannot walk freely to many Arab nation and some north African nations. American foreign missions in so many nations in Arab world has been a bleeding target. Many Arab rejoice when they harm any American and their properties. The war has done so little to uplift American and has done so much to under-lift and ridicule them as a media only believe world wonder country. The conspiracy in the war has bring America on a confusing point. If you go to Arab world and North Africa. China is leading there. Their products are widely used there but you will find it virtually hard to see anything from America in these places. To many Arabs. America destroy their lives and future. In spite of that. Any place America of today step their foot. What the locals think is a traitor or oppressor is in town and anything America present to the table will always be view with suspicion.The war weigh America down more than anything in their history and to be honest. it is a needless war. It was pursued with ulterior motive and it has backfire on America. If steps are not taking to redress this high mistrust on the world super power. the future is not so bright as this 10yrs war is about to create centuries of conflicts and perpetual mistrust in the heart of almost 40% of global communities.
The superior claim of American government is another self inflicted enemy i see that made them vulnerable to attach both intellectual and physical. The American government has its pride no doubt about it but using your pride to look down on others is not going to go down well with the stubborn ones like china and Russia. Take a look at what is happening in the world today. Any place china and Russia set their foot and declare interest, America find it hard to go free in that lane without public outcry.This to me has create a lot of spying device and hacking technologies that both countries run secretly to sabotage each other. Edward Snowden is a living witness of this internal war and it is not going down well to America because their pride is making them a target option to riddle and this affect economy more.
Talking of planning. America is not doing well in that aspect. The country has develop a plan that will put them more at risk than ever. Every country is waking up now. there is no more sleeping country in the world today. American presents in many country is now more military and less business. The plan to setup military formations around the world without business formation is a killer disease to the economy. Military is spending and business is income. when you plan militarily without business income, you will be funding your military units with internal GDP revenue which will make you attractive to Chinese lenders to give you more money to fund more military and suck your economy to coma in the name of loan interest payment.
Take a look the tax system of America. They want American passport holders to pay tax to them in a money they made thousands of miles away from American soil after paying a tax to host country, they will now pay again to country of origin. Whoever that bring this plan to table did not want cities like Detroit to survive. because the survival of these desert cities of America will depend on how they attract foreigners to boost economic activities. To hold those foreigners, you need to give them a passport to give them a sense of belonging. when the foreigner get exhausted knowing that they will be confronted with their foreign ventures. they will choose otherwise.
Same goes to already American citizens. So many citizens of America is now saying No to uncle sam. it was reported that over 12,000 has denounce their citizenship since 2yrs. You can say that the number is a fraction but it has a lot more meaning to ailing cities of America. The rich is now playing osterriche game because of this policy. Rich Americans now don’t trust the financial system. they have all flown abroad. The rich of other countries of the world is not finding it attractive to come to America either. Take a look at Eduardo Saverine. the facebook made billionaire that reside in Singapore now. He left because of hash reality on tax. The money that left with him can change at least 10,000 American lives comfortably if the policy allow him to invest it in the country as American. The government think this is cool but very soon. America will become tertiary country where people from other countries come to study and left to establish in other areas. To me some plan of America is not popular and attractive.
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