{"id":377,"date":"2008-04-26T20:13:12","date_gmt":"2008-04-26T12:13:12","guid":{"rendered":"http:\/\/www.19thstep.com\/?p=377"},"modified":"2018-07-20T10:44:32","modified_gmt":"2018-07-20T10:44:32","slug":"changes-in-china","status":"publish","type":"post","link":"https:\/\/www.justcharlie.com\/changes-in-china\/","title":{"rendered":"Changes in China"},"content":{"rendered":"\n
40 Months ago I first stepped foot on the People’s Republic of China – I’ve seen an enormous amount of change in that time, but the pace of change appears to continue to accelerate beyond breakneck speed, which worries me.<\/p>\n\n\n\n
Recent worldwide condemnation of Chinas human rights violations have prompted a tit-for-tat revocation of Chinas easy-to-acquire business visa<\/a> (which, mysteriously, hasn’t been officially acknowleged by Chinese officials) and both underscore a growing ideological divide between China and the West. The economic climate in this region will also undergo massive changes over the next 5 years as a confluence of economic and social forces steer China away from the manufacturing powerhouse that it’s been in recent history. The yuan continues to gain value<\/a>, making exports increasingly expensive which is slowly driving manufacturing into cheaper countries like Vietnam and India – leadership is also affecting new labor laws in favor of workers which will raise the cost of labor, further elevating associated costs for overseas investors. This will likely have a dramatic effect on an economy as export-driven as this one, although the extent of that assertion itself is debatable<\/a>.<\/p>\n\n\n\n What I wonder is how long China can undergo change at this pace and maintain social control. It wouldn’t seem that their leadership is breaking a sweat as they’ve successfully rallied the population in defense of foreign condemnation (they condemn us because we codemn them? At least we had a reason). A suit has been filed in NYC against CNN<\/a> for $1.3 billion for words that came out of Jack Caffertys mouth. Repeat: a lawsuit for a $1 billion has been filed for words that came out of his mouth. <\/strong>Apparently they haven’t heard of our first amendment.<\/p>\n\n\n\n Sometimes China is really just beyond description – but I’m eager to see how the events of this country unfold over the course of this year. The political climate here is tense.<\/p>\n","protected":false},"excerpt":{"rendered":" 40 Months ago I first stepped foot on the People’s […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"yoast_head":"\n