Will China dominate the green economy?

[lazarus]

China's recent investment in renewable energy technology prompts concerns that China will take over American control of 'the green economy'.

The NY Times hints that we are in direct competition with the Chinese over this future golden goose (the green economy).
www.csmonitor.com/Business/Green-Economics/2010/0913/Will-China-dominate-the-green-economy-And-if-they-do-should-we-worry

[rsmith7]

"golden goose (the green economy)."

How's your endowment policy lazarus.
This scam will make that debacle look like a lunch money heist.

[StuartG]

It will take too much thread space to completely demolish Mr Khan's blog, but 'holeing' it above and below the waterline will suffice.
"China's actions will benefit U.S consumers who will import low priced , higher quality products due to China's activist policies."
Well that's one way of looking at it, albeit 'cock-eyed'. Breach of WTO rules are not the sole responsibility of the Chinese, the USA [and others] have/are constantly breaching WTO rules.
cross-referenced article
"On Clean Energy, China Skirts Rules"
'New York Times' 'Global Business With Reuters '
www.nytimes.com/2010/09/09/business/global/09trade.html?_r=2&hp
Blogger's book....
"Heroes and Cowards:
The Social Face of War
Dora L. Costa & Matthew E. Kahn" first chapter...
press.princeton.edu/chapters/s8734.html
ps. Dora L. Costa who appears to be His 'Missus'.

Mr Khan says...
"China's activist industrial policies are portrayed as a "free lunch" but the land given away to these firms for free has alternative uses as does the capital lent to these firms at extremely low interest rates. Their government must be taxing something to balance its books."
Some prior research or an up-to-date interest in current affairs might have produced...
"China’s Champions: Why State Ownership Is No Longer Proving A Dead Hand"
chinadigitaltimes.net/2008/03/china%E2%80%99s-champions-why-state-ownership-is-no-longer-proving-a-dead-hand/
...where it is obvious that China is using money obtained from the West via its State owned [and profitable] companies. The land is state land 'owned' by the Chinese state.
From the Financial Times article
"In 2007, the combined profit of the 150 or so companies controlled by the central government is expected to have reached Rmb1,000bn (£70bn, $140bn, €90bn). In the five years to 2008, this figure rose by 223 per cent. At the end of last year, the list of the world’s 10 most valuable companies contained four groups controlled by the Chinese state"
www.ft.com/cms/s/0/979f69c8-f35b-11dc-b6bc-0000779fd2ac.html

Blogger's book....
"Heroes and Cowards:
The Social Face of War
Dora L. Costa & Matthew E. Kahn" first chapter...
press.princeton.edu/chapters/s8734.html
ps. Dora L. Costa who appears to be His 'Missus'.

Matthew E. Kahn's UCLA Webpage
sites.google.com/site/mek1966/

'Sierra Club'
en.wikipedia.org/wiki/Sierra_Club

Customs and Etiquette of the Chinese....
www.suite101.com/content/customs-and-etiquette-every-american-should-remember-

in-china-a263617
"There is no room for an ego. Humility is a prized virtue in China, almost to the point where Chinese can seem self-deprecating."
Contrast this etiquette with Mr Khan's UCLA page and its self deprecating tone.

Frankly I'm surprised this chap has written this. He is a research associate at the National Bureau of Economic Research, and a Professor to the Department of Economics.
The USA appears to have reached and surpassed its zenith, its time perhaps that another country will take over, China seems to be well on target to do this, but even at this stage we should not forget India, whose population [if nothing else] is set to overtake China's. I wonder what the history will look like...The Rise And Fall of American Hegemony perhaps, after its translation from the Mandarin of course.
StuartG

[lazarus]

Sept 13, 2010 23:06:13 GMT 1 StuartG said:

The USA appears to have reached and surpassed its zenith, its time perhaps that another country will take over, China seems to be well on target to do this, but even at this stage we should not forget India, whose population [if nothing else] is set to overtake China's.

I think you have made a valid point about India. But what both these economies have in common is cheap labour and what they have much less off is the technical expertise. Most companies and expertise come from the west or Japan.

Japan is now suffering because it doesn't have the labour force but it does have the expertise.

But both China and India now have some good universities and are producing many thousands of graduates. It is only a matter of time before one or the other becomes a real powerhouse without the need of western know how.

Presently, when it comes to green industry, China has a clear lead. They will be making wind turbines and solar heating and electrical systems and are likely to out compete western companies.

Smithy thinks there will be no problem. Because he denies the basic science he must assume that China is making these things en-mass but in a year or so they will be left on the shelf because it will all be shown to be a fraud.

[rsmith7]

Yep £azarus, I have the laws of physics on my side old quoit.
They are much more powerful than, even your paymasters - the green movement.