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Electronics Seen Benefiting as China's GDP Doubles

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Hospice_Houngbo
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Re: agriculture
Hospice_Houngbo   11/30/2012 1:01:58 PM
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@Anna,

""The future I believe holds strong prospects for continued economic growth and prosperity in China particularly with the help of electronics technology.

You are correct. The Chinese economic growth will certainly afffect the internal electronics consumer market as people will have enough money to afford products that are designed for the Western world's consumers.

SP
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Electronics Seen Benefiting as China's GDP Doubles
SP   11/29/2012 8:47:51 PM
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Not surprised. China is the biggest producer and may be biggest consumer of electronics industry.

Anna young
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Re: agriculture
Anna young   11/29/2012 8:08:33 PM
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HH, I agree. Improved Mechanization in agriculture has increased productivity and enhanced both local and international growth. However, this is not just about agriculture. The future I believe holds strong prospects for continued economic growth and prosperity in China particularly with the help of electronics technology.

Anna young
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Re: Shift away from agriculture may be dangerous
Anna young   11/29/2012 7:32:59 PM
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I understand your concern over urbanization. However, I see this from a positive light. Part of the Chinese government's aim is to enhance income growth. This is envisaged to bring the standard of living particularly for low income groups in line with the western countries. Bear in Mind Prabhakar that the disparity between low and higher income earners in China is wide. I think this is a positive move.

Anna young
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Re: Shift away from agriculture may be dangerous
Anna young   11/29/2012 7:30:38 PM
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@ Kayode, would you say improved technology is detrimental to any economy?

Anna young
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Re: agriculture
Anna young   11/29/2012 7:10:37 PM
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@Flyingscot, absolutely. That is my understanding of the situation too. I think with the provision of new technologies, capital equipment, managerial skills and technical knowledge, I believe all of these combined will enhance China's access to international distribution networks. This I think is beneficial.

Hospice_Houngbo
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Re: agriculture
Hospice_Houngbo   11/29/2012 4:27:01 PM
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@flingscot,

Mechanization in agriculture - whether it is cheap or not- is still preferable than traditional agricultural methods. Question is : are be eating better today than we used to do 20 or 50 years ago (worldwide)? I think so.

Hospice_Houngbo
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Re: Shift away from agriculture may be dangerous
Hospice_Houngbo   11/29/2012 4:17:03 PM
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@prabhakar_deosthali,

It is true that we won't live on mobile phones or electronics chips. But we should not be alarmist. I don't belief in the Malthusian catastrophe.

Adeniji Kayode
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Re: agriculture
Adeniji Kayode   11/29/2012 6:57:55 AM
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@FLYINGSCOT,

You are right, Farm mechanization is still not cheap in itself.

Adeniji Kayode
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Re: Shift away from agriculture may be dangerous
Adeniji Kayode   11/29/2012 6:49:01 AM
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@prabhakar,

The side effect of technology is what you have just mentioned.

Its exciting to see how far we have come in the world of electronic, but balance has to be put in place because what sustain our lives is more than electronics.

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