In light of current intense negotiations with China I urge reading “How to meet the challenge posed by China” by clicking here. A Some quotes:
“China is a phenomenon unlike anything in economic history. The average Chinese consumes 17 times more today than in 1987. This is like the difference between driving a car and riding a bicycle or between indoor plumbing and an outhouse. In an incredibly short period of time, this formerly backward country has lifted itself into the very first rank of world economies and will soon catch the USA”
“China’s share of high tech exports has risen from about five percent in 1999 to about 25 percent at present, while America’s has plummeted from about 20 percent to about seven percent. That’s not a sustainable situation. What it means in practical terms is that America can’t build a military aircraft without Chinese chips. That’s a national security issue. So what do we do about China?”
Mr. Goldman believes the USA can meet the China challenge. See his recommendations in the link below. A
As a result of this recent growth China’s Carbon Dioxide Emissions increased tremendously from 2000 to 2014 and now their emissions are double the United States.
Many people believe that the 200 million troop army in Revelations will be from China. Therefore Disciples/Believers in Jesus should have a special interest in China.
Revelation 9:15-16..15 So the four angels who were prepared for the hour, day, month, and year were released to kill a third of the human race. 16 The number of mounted troops was 200 million;…
In a October 27, 2014 blog post Monica Dennington ask the question Is a 200 million person army Feasible In Terms Of Economics? [For full post click here] “What would an army of 200 million cost?
- 200 million personnel, at China’s rate of expenditure, would cost $16.455 trillion per year.
- $16.455 trillion was 178% of China’s GDP in 2013. So Monica said that this was not economically feasible.”
However the March 2018 article A said that “by 2026-2028 China’s GDP will catch the USA”. Then because China’s income has a greater purchasing power than the US the 200 million troop army starts to look more feasible. That could also be a way to channel the energy of the millions of men without wives.
Notes: A- “How to meet the strategic challenge posed by China” by David P. Goldman, in Imprimis a publication of Hillsdale College, for article click here.
Henry Luke 5/10/2018
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