Indeed..As well as suplying rakes to many of the Indian metro projects, including the one in Mumbai...The issue that China however will keep confronting is on IP - the blatant stealing of IP from commercial JVs and contracts have percolated down from the military to the civilian...But we'll see how that pans out...With its huge market, maybe China can get away with "robbery" of this sort...wong wrote:China just sold 228 bullet trains to Malaysia
However, this is as bizarre as it gets - are you saying that the Chinese are not hierarchical and class-conscious? And somehow 70 years of communist rule in the mainland has turned every Chinese around the world as egalitarian "Voltaire"-ists?! Come on, like all Asians, Chinese are as class conscious as Indians (or Koreans, or Japs, or anyone else)...The upper crust Hong Kong-er surely does not have brtherhood in his mind about the denizens of Kowloon..That is as fallacious as the argument that all Singapore/HK chinese "look down" upon mainland folks in general..wong wrote:When two Chinese people meet anywhere in the world, they see themselves as Chinese first regardless of socio-economic status
"Communist", "socialist" - these are mere labels...For a long time in the 20th century, thanks to Asia in particular, the record of "democracies" on economic performance was quite dismal..It took India's take-off in the '90s before the democracies started looking respecatable on aggregate...About Europe - almost every single country got rich under some form of autocracy - you can call it monarchy if you like! People killed? How many were killed under the various Tsars in Russia? How many indeed were killed during the French Revolution?chola wrote:Now, you argue that some nations were wealthy before they became full democracies. True, but those nations were never communist and the ones in Asia and Europe because far more wealthy under democracies than they were under their autocratic systems which were never the horrorshow that communism is. Japan and Germany in spite of war never killed off 20, 30, 40 million of their own people unlike the PRC and the USSR.
Which is why the Indian experiment is unique - a democracy trying its hand at miracle rates of growth is once-in-history experiment...In ocntrast, the Chinese "model" is unique only in scale, its track is well traversed by history...