Re: [A-List] A Chinese Marxism view: Problems of int'l. strategy fortoday's China

[Bethuel Lamola <lamolabb@xxxxxxxxx>]

"Henry C.K. Liu" <hliu@xxxxxxxxxxxxxx> wrote:

Henry Liu wrote:

"Within 10 years, Chinese made cars will sell for 50% less than Japanese cars. This will benefit Third World consumers."


I wonder if Chinese labour would still be as cheap as it is now- a huge factor contributing to China's competitiveness. Rising living standards( and inevitable labour reform) would surely lead to increased labour costs. Am I losing it ?

 

While I agree partly with Henry on China's need to exert influence in the South to maybe counter the USA's influence, I suspect that China is also looking at securing long-term access to commodities. Long-term access to commodities is strategically necessary for China as it is perceived to be important for America.

Bethuel

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