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What do you think about the importanace of those factors on Chinese economy?


What do you think about those economic factors that are influencing the economy of our country? (Either China or other countries) Please rate them with a score from 1 (Not important) to 5 (Very important)?

A. Economic development policy of the government
B. Prices of certain resources, such as labor, coal, petroleum, electricity and water)
C. Tax rate (With lower tax, people will have more money to spend)
D. The exchange rate between US dollar and Chinese RMB

Please add the factors not listed above in your answers and explain. Thanks

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Base language: English
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    China ranks the 6th in its GDP globally, but ranks the 138th in its per capita GDP. What a ridiculous condition!

    It is not easy to answer such a question at all.
    After the period of 1987-92 when the communist ideology collapsed we made it to the year 2008 just to see capitalism eat it's own tail. But first i have to focus on the question.

    1. I would say for question A my score is '4'. China mostly due to its population and industrial production is a major partner in the global economy. The chinese government
    ... (uploaded accidentally) is in the position to decide directions to fulfill certain social, environmental and strategical goals with a horizon of 20 to 50 years ahead. Building a glorious Beijing and Shangai while neglecting the rest of China is a mistake which will be paid in time to come.

    2. Commodity prices (oil, sugar, etc.) is not an issue for China in my point of view. So question B scores a mere '2'. The 'First Global Recession' aka 'credit crunch' will inevitably lower the global demand in industrial production for a couple of years sending the commodity prices to average low levels.

    The evident danger of subsequent unemployment is something that scores a '5' as a priority. Plant Farming and Reforestation is the only short term answer to that.

    3. Tax rate has a definite '5'. The result of high taxation to the lower, lower middle incomes will have a devastating result for the Chinese economy once the 'credit crunch' rides its peak. Still, wealth without culture can be as dangerous as nuclear waste, so wealth shall follow mandatory education.

    4. The Chinese reserve in dollars can be a weapon which can easily devastate the U.S. economy. I cannot rate this factor since such a move is pure strategic. If the chinese government would motivate a sell of the 1.5 trillion dollars it possesses it would urge a global 'sell' policy towards the dollar wiping U.S. out of the global map. No one shall play with such dangerous 'toys'.

    Lately, the globe witnesses the degrade and death of the American Dream; it's time to wake up.
    There's no need to speak in detail about Lehman Bros, Fannie May, Aig etc. Now that we all know that we live on one, finite earth, we breathe the same air and die dug in the same earth, it's time to realize that unless we find peace and establish it, Mars, the Moon, Jupiter and the rest of the heavens might have to wait for ever for the human race to cultivate and inhabit it.

    How about this list:

    very poor energy security
    dwindling international demand for Chinese products
    rising production costs
    factories moving to south east asia
    water and potable water deficit
    arable land deficit
    deficit of young to support the rapidly aging population without aid of welfare
    fastest growing wealth gap on earth
    environmental collapse; cancer & preventable disease epidemic
    growth figures based on questionable statistics
    stock markets tumbling
    endemic corruption, disobedience to central policy
    future of FDI put into doubt as Wall St collapse

    I forgot to mention that the faulty loans held by the top banks are about equivalent to China's foreign currency reserves.

    1 economic factor that i think will influence
    the economies of both china and the U.S.
    is the fact that the U.S. has borrowed
    trillions and trillions of dollars from chinese banks.
    i'm not not sure what the inrerest rate is attached
    to that loan, but i'm guessing that people such as my
    nieces and nephews will be be paying off that debt to
    china for a long time to come.
    so based on that thought, i will place a number 5 on it
    in level of importance to both of our economies.

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