China's boom to come to an end
Tags: China versus the West
'My own great fear is that history will repeat itself in China when the current boom comes to an end. In my view economic growth based on a western capitalist model is unsustainable (不能维持的). When it ends, what then?' [Tal_China's Lost Girls]. This is a quote from another thread but I love doomsday predictions so much I think this deserves separate discussion.
What do poddies think that [China's] 'economic growth is based on a western capitalist model' means?
I am a firm believer that the cultures are miles apart - this means that I also bbelieve that the mechanics of the economy are miles apart.
Does anyone believe that China is mindlessly aping the econommic policies of the West?
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