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Where Are the Chinese Buyers?

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SP
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Supply Network Guru
Where Are the Chinese Buyers?
SP   12/8/2012 8:53:59 PM
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The rise in China's economy has got lots to do with that the country is ruled by a tough communist government who takes all the decisions especially with the world's largest population. Chinese population who have more exposure spends good amount on smartphones.

rohscompliant
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Production Synthesizer
Can't say I don't blame them....
rohscompliant   12/7/2012 11:08:27 AM
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It is very wise of Chinese citizens to save their $$$ ....someone way more succesful than I once gave me sage advice that I have learned to live by and try to pass on to my employees and that is; " live and spend as if you are making half as much as you are actually making." If we lived more like that we would not have as many of the personal financial problems we see in today's society. Learn how to turn a wrench ......understand how things work so you can fix it yourself to last longer.

Barbara Jorgensen
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Blogger
Re: China's buyers
Barbara Jorgensen   12/7/2012 9:14:28 AM
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I'd also be curious to know what China's tax system is, if any, on citizens. Social Security and Medicaid are paid by citizens for citizens (in theory) in the US.

Douglas Alexander
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Re: China's buyers
Douglas Alexander   12/6/2012 6:00:47 PM
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@Barbara...good observation. I was intrigued to learn that a social security system is yet underdeveloped but definitely in progress. I was a bit dismayed to note that where a society had the custom of caring for and esteming the elederly by keeping them with the family, they are now sending the aging parents to long-term care facilities. I think they may gain in health care efficiencies, but the culture will be lacking the perspective of the aged. It makes me wonder if the mark of a booming enconomy includes the expedient removal of the elderly from the mainstream society.

FLYINGSCOT
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Supply Network Guru
you must be joking
FLYINGSCOT   12/6/2012 4:59:34 PM
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If my boss offered me a 15% raise for the next 7 years I would ask to try some of what ever she was on......oh I'd also buy a lottery ticket.

Barbara Jorgensen
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Blogger
China's buyers
Barbara Jorgensen   12/6/2012 1:46:08 PM
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Douglas: It seems to me that the issues it took the US a hundred years to experience have been compressed into a couple of decades in China. Without the Great Depressions, would we have Social Security or Medicaid? China's rise to industrialism, economic power and now an economic slowdown took, what, 30 years?



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