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like which countries? Italy had colonies. Austria used to be a colonizing empire. Germany and Denmark even Belgium had their share of imperial history as well.
Canada, Australia and New Zealand were part of the UK until not many years ago. Plus these are new continents with plenty of natural resources and a small population.
The US is a big and new country and its colonizing history is nothing short of spectacular within its relatively short life as well. Additionally, millions of slaves provided dirt cheap labour for more than a century, and now it practically controls the supply and price of oil in the middle east though its planted puppet governments. Why do you think oil price is low in the past couple of months? Because Washington wants it to.
I am not saying the developed countries' wealth is accumulated solely through resource plundering, but it is naive to think "they earned every penny through nothing but hard work while the Chinese get richer only by exploiting the world market". It is wrong and biased.
China is only following exactly the same footsteps of your favourite country Japan. 60 years ago Japanese products had exactly the same reputation as current day Chinese goods - cheap, low quality and abundant supply. If Japan hadn't relied on exporting to the world economy, it would be just like Cuba today.
The bottom line is, not many Chinese citizens really think the rest of the world can't live without China. But what's wrong with feeling a bit more confident and finding its place in the world? If you know anything about America, for a long time the typical thinking is the world is composed of two parts: the US and the rest of the world. It never considered itself just a part of the world, but essentially in the US vs. the world (as equal players) sort of way. Yet people seem to be fine with it.
I think a lot of this hot air resentment toward China from those little countries and places like vietnam and taiwan are due to China's rise. They'll get use to it. The important thing is for China to prepare for the worst, and Mao got it right when he stated that power comes from the barrel of a gun. It really does matter how big one's gun is. In China's case, the metaphorical guns are the missiles that can sink anything, hit anywhere and send anyone back to the Stone Age.
Few people remember now China is not a part of the global economy before the open door policy beginning in 1978. Almost nobody had hardly any wealth in China between 1950 and 1978. The wealth of the Chinese now mostly originated in other countries.
Couple centuries ago, China made up 70% of world GDP. Europeans haven't surpassed China until last century. Chinese were trading with almost everybody through silk roads both lands and seas in ancient time.
Couple centuries ago, China made up 70% of world GDP. Europeans haven't surpassed China until last century. Chinese were trading with almost everybody through silk roads both lands and seas in ancient time.
What China needs to remember is to not become like the late Qing again....when it was fat/rich and weak. Everybody loves a fat weakling because he is so easy to bully and he has money. Be careful China.
I think a lot of this hot air resentment toward China from those little countries and places like vietnam and taiwan are due to China's rise. They'll get use to it. The important thing is for China to prepare for the worst, and Mao got it right when he stated that power comes from the barrel of a gun. It really does matter how big one's gun is. In China's case, the metaphorical guns are the missiles that can sink anything, hit anywhere and send anyone back to the Stone Age.
I despise Mao and practically everything he did, however, the one GREAT thing he achieved that will benefit China for a long time is becoming a nuclear power in as early as the 1960s. That showed some great foresight.
If countries like Iran and Iraq had done the same, the western bullies wouldn't dare invading them any time as they wish.
Albert Einstein stated that "the survivors of World War III will fight WW4 with sticks & stones"
This is why there won't be another world wide war, as NOBODY would win - but ALL will LOSE read "Fail Safe"
Then you might want to inform mr joe rambo big shot in Washington or mr abe-war crime lover in Tokyo that stepping on China's core interest gets everyone set back to the Stone Age.
All the core interest should not concern us - we can have no word in these political matters. I trust that Mr. Xi Jinping from Iowa knows how to DEAL with Russia, USA & Japan in a way to protect all his family.
Debt fueled crisis in China, should be interesting
I anticipate a collapse of the housing market, which is long over due.
It takes 48 years for a NYer to buy an 1000sf apartment in Manhattan. In London, it is 130 years. In Shanghai, it is 250 years. This is how crazy the real estate market is.
An apartment in central Shanghai nowadays is almost as expensive as one in the Upper West Side, Manhattan. I am not too optimistic about it.
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