"Matt Whiting" wrote in message
...
Dave Stadt wrote:

Get used to it, China is the up and coming manufacturing world power.
They
will do what Japan did in the '60s and '70s at a scale that will make
what
Japan did look like childs play.

Yes, but they also will likely suffer the same fate as Japan when their
costs catch up to the rest of the world.

Matt

Given that only a small percentage of Chineese are participating in their
"new" economy, it will be a long time before this happens. Remember that
Japan's economy stalled after they became (and remain) the richest developed
nation on a per capita basis.

Mike
MU-2