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Gud 4 hours ago

Why must the consumption be exported?

Why can't they build for themselves?

scottLobster 2 hours ago | parent [-]

Because that would lead to mass unemployment and deindustrialization, as China lacks the wealth among the lower classes and the demographics to consume everything that it produces.

Gud 2 hours ago | parent [-]

Wealth is made.

scottLobster 33 minutes ago | parent [-]

Yes, in China's case through mass exports. What you're suggesting is North Korean Juche. Turning China into a larger North Korea will not increase its prosperity.

Gud 22 minutes ago | parent [-]

Yes, currently.

But you have made no argument for why that must continue, only presented that is the status quo.

China is huge and I am simply wondering, why does it need to export? Except for oil, it has pretty much any resource needed to sustain a high technology economy.

Please, there are no similarities between North Korea and China.