Quote (NetflixAdaptationWidow @ 5 Oct 2022 01:57)
Now that the insults are over...
What I said is pretty incontrovertible. R&D spending in China is a tiny fraction of what spent in the United States and the vast majority of "innovation" in China is stolen.
Similarly the West is not really dependent on China for much, but without income from the west buying cheap Chinese goods they would immediately collapse.
Taiwan south korea and Japan are far more important than China for the west.
I don't find your comments as an insult as a matter of fact it is true that people in the US earn a lot more than us Asians.
You asked me a question to do compare and contrast and I gave you my honest answer.
I am sure you are a lot more well paid than I do, but I think we will work hard to catch up to someone like you sooner or later.
And a lot of retail business is expanding in Asia like Louis Vuitton , Hermes, Chanel luxury brands
Sports goods like Nike , etc etc
Because so far in our part of Asia, it is still considered quite safe as these retail outlets are not being broken into as often during protests or political upheavals.
In regards of South Korea, Taiwan and Japan. All of them depend on their trade with China a lot more than USA at the moment. But just at the moment.
This post was edited by Hamsterbaby on Oct 4 2022 12:07pm