RE: china's economic impact

From: Ramez Naam (mez@apexnano.com)
Date: Tue Jan 21 2003 - 00:14:55 MST


From: Nathanael Allison [mailto:jubungalord@hotmail.com]
> I have read and heard from several different sources that
> china will have a
> devastating effect on american and many other nation's
> economy in the next
> ten years or so. How much of this is true?

To the contrary, there's every indication that China's growing economy
will be a boon to western economies. China has the most rapidly
growing middle class in the world, with a rapidly growing demand for
consumer products and services. Western firms view this middle class
as a huge untapped market.



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