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Asia Is Next Economic Superpower ?

(100 posts)
123

  1. rollcall

    The former British colony is expected to employ close to 248,000 financial services workers by 2015, compared to 237,000 in London, representing a massive shift in the balance of power between Hong Kong and its former colonial master.

    As recently as five years ago, London finance workers outnumbered their Hong Kong counterparts more than two-to-one, demonstrating the remarkable turnaround in fortunes in the wake of the financial crisis, according to figures from the Centre for Economics and Business Research.

    London this year lost its crown as the world’s largest financial centre to New York, however its reign will be short with Hong Kong expected to overtake its US rival by 2016.

    CEBR said London is losing its dominance due to “short-sighted over-regulation, penal taxation and banker bashing” as well as the “inevitable” economic shift to the east.

    http://www.telegraph.co.uk/finance/economics/9670713/Hong-Kong-set-to-overtake-shrinking-City.html

    Posted 6 months ago on 12 Nov 2012 9:16 #

  2. Sweettruth

    Asia is growing fast and countries like China and India are set to become economic powers of the region in the next 20 years.

    I was in Hong Kong last year and was very impressed to see financial and economic prosperity of Hong Kong people.

    Posted 6 months ago on 14 Nov 2012 2:50 #

  3. EasyGo

    Economies with real and tangible growth would sustain, whereas those far from fundamentals and based on debt/money creation may need a recheck.

    Posted 6 months ago on 14 Nov 2012 11:23 #

  4. Hussain Farooqui

    Bharat and China have conceived tremendous progress in the fields of education, economics, tehnology and defense. Pakistan was left behind even the poorest countries of Asia despite its tremendous potential.

    Posted 6 months ago on 14 Nov 2012 11:49 #

  5. Sweettruth

    @Hussain Farooqui

    You are right!

    Despite Pakistan' potential, she is lagging behind in almost every walk of life. I hold anti-education backward mindset, religious extremism, taliban terrorism, political corruption, army's involvement in politics, lack of transparency, lack of economic policies, lack of political leadership and lack of future vision responsible for this plight of today's Pakistan.

    Both neighboring countries China and India are making rapid and remarkable economic progress and Pakistani nation is wasting valuable time.

    Posted 6 months ago on 14 Nov 2012 18:23 #

  6. Abdul Rahman

    Clowns know fully well that Pakistan has been running under the corrupt to the core secular leadership of God Bless America politicians and military brass since its inception. Their sinister agenda is to keep the nation perpetually backward. As part of the God Bless America strategy they wantonly blame religion to hide their true motives. As long as that bait is delivered and readily consumed nothing good will ever come out.

    Posted 6 months ago on 14 Nov 2012 18:35 #

  7. Sweettruth

    @AR

    There is no cure of America phobia and you are suffering from this disorder. Why don't you blame America for Kashmir earthquake and floods?

    Posted 6 months ago on 14 Nov 2012 18:39 #

  8. Javed Sheikh

    United States of America, just, on the bases of her Agricultural Production, would stay as the Economic Super Power in the World.

    U.S.A. is capable to feed 2/3 of the World population with Wheat, Corn, Potato and Soybean.

    Courtiers like China and India, having a big population, would always stay dependent upon America to feed their population.

    Posted 6 months ago on 14 Nov 2012 19:18 #

  9. SAIT

    Courtiers like China and India, having a big population, would always stay dependent upon America to feed their population.

    Bogus, can you show the numbers that china and india are dependent on food items from USA, you have left with very little brain cells and are making outrageous claims that have no base. Shame on you. In fact china and india are producing their own food and china with one child policy has been able to control its population.

    Posted 6 months ago on 14 Nov 2012 19:24 #

  10. EasyGo

    Population is an asset if trained and used properly.

    High population would also mean bigger customer base.

    And now here is a "luch tal" news.

    Workers across the European Union have staged a series of protests and strikes against rising unemployment and austerity measures.

    General strikes in Spain and Portugal halted transport and closed businesses and schools. Police and protesters clashed in several Spanish cities.
    http://www.bbc.co.uk/news/world-europe-20320993

    Posted 6 months ago on 14 Nov 2012 20:30 #

  11. rollcall

    Global scenario is rapidly changing. Asia in general and China in particular, has played very well. China has taken overspend money of west (china's trade surplus or US trade deficit) and built excellent airports, highway & railway networks, big factories and other infrastructure.

    China's low cost manufacturing put a lot of West 'out of business'. China has more than 3 trillions USD reserve (significant value in US Treasuries). IF (big IF) China 'WISH', it could control US bond markets, force US to raise interest rates and crash the US dollar/ecomomy.

    China no more need printed paper (currency) from the West. China need to increase its internal trade, as well as trade directly with other resource rich nations.

    A lot of people might not see it but Asia with its huge population with their low level of debts (demand side of economy) and efficient manufacturing base (supply side of economy) is fast becoming next economic superpower.

    Posted 6 months ago on 14 Nov 2012 20:37 #

  12. Javed Sheikh

    SAIT Sahib,
    Discuss and debate through facts and figures.
    One must avoid hanky panky at an Opinion Forum.

    http://thehill.com/blogs/on-the-money/1005-trade/219397-us-looks-to-increase-exports-to-china

    Posted 6 months ago on 14 Nov 2012 22:58 #

  13. SAIT

    @Sheikh Shab
    Now an eye opener for you, and reality gona hit you hard

    China is dependent on US food you link does not prove that. China mostly export raw materiel from US. Actually US is dependent on china. US import from china is above 300 billion and all the US companies import from a toy to apple IPAD from china. Even us olympics cloths and uniforms were made in china in 2012. If china throw out its dollars reserve in international market the us dollar would have worth that is less than afghan currency. Us owe trillions of dollar to china. Economically US is like pakistan to china.
    Let me tell you US is like beggar to china so do act like one.

    for further details and statistics Read: https://www.uschina.org/statistics/tradetable.html
    and
    http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-how-big-who-owns

    Posted 6 months ago on 15 Nov 2012 0:40 #

  14. Zia M

    Economically US is like pakistan to china.
    ----------------
    LOL!
    This must be joke of the year.

    Labour is cheap and plenty in Asian countries, so, they have a potential for becoming an economic engine.
    But that does not mean they won't still be dependent on the West for high-tech.

    Posted 6 months ago on 15 Nov 2012 1:29 #

  15. Bawa

      ڈسکشن فورم پر ہنکی پھنکی نہیں ہو سکتی 

    صرف  کوڑھ  پھیلایا  جا  سکتا  ہے.  اسکی  قطہء  کوئی  ممانعت  نہیں  ہے

     

    Posted 6 months ago on 15 Nov 2012 1:45 #

  16. Sweettruth

    @SAIT

    You should get Nobel Prize for this statement "Economically US is like Pakistan to china". World Bank should offer you a position of their President or you could be made Pakistan’s Economy Minister.

    US haters like you live in a constant America phobia disorder and for you there is no cure. No doctor can cure your phobia disorder. May God bless you with long, healthy, phobia-free life. With this masterpiece information, there should be long queues outside every Chinese embassy in the world to get Chinese visa. I am sure right now you too are lining up outside Chinese embassy in Islamabad to get China's visa.

    Good Luck on your china immigration but bear in mind Chinese workers get 50 cents per hour for a 12 hour shift, no holidays, no sick leave, and no medical insurance. It will take Chinese society 100 years to reach to today’s American society’s standard of living.

    I am NOT a China hater, I have couple of Chinese American friends and I wish Chinese economy all the best with their rapid and remarkable progress.

    Posted 6 months ago on 15 Nov 2012 1:47 #

  17. durrab

    Forget China buddy!

    Once progressive Talibani Islam takes over Pakistan, which should be any day now, it will become the envy of the world, just like Swat was the shining example of how super awesome things got to be during the glorious emirate of taliban in that city. But the hanood o yahood o nasaara and their korhi drones just couldn't stomach seeing a successful Islamic emirate in full swing running at a steady 30 BPS (beheadings per second)

    When will us Pakistanis realize what's really good for us? Sigh.

    Posted 6 months ago on 15 Nov 2012 1:59 #

  18. Bawa

      سائیٹ بھائی ٹھیک کہہ رہے ہیں کہ 

    یو ایس اے اقتصادی طور پر  پاکستان جیسا ہے 

    میں تو یہ کہوں گا کہ پاکستان سے بھی کمزور ہے 

    یہی وجہ ہے کہ ایک نہیں  دو نہیں  بلکہ اکٹھی بیس ریاستوں نے اس سے جان  چھڑانے کا فیصلہ کر لیا ہے 

    Posted 6 months ago on 15 Nov 2012 2:02 #

  19. Zia M

    The greatest Korh on human race has undoubtedly been the religion, especially the Abrahimic religions.
    Alexandria in Egypt (named after Alexander) was center of intellectual thought before Christ.
    The millions of books in the greatest library of its time were burnt by the drooling idiots of Christianity.

    The very idea of racism was invented by the Hebrews to denigrate the enemy.

    Posted 6 months ago on 15 Nov 2012 2:02 #

  20. durrab

    Zia M:

    Bingo! I had always suspected that these wiley jews had something to do with racism as well.

    Mind = Blown

    Posted 6 months ago on 15 Nov 2012 2:05 #

  21. SAIT

    Zia and Sweettruth, I already have told that reality is gona hit you guys really hard and I can see you guys are in shock state. I am not surprised on your reaction.

    ST I advice you now open a thread "God bless china"

    Posted 6 months ago on 15 Nov 2012 2:06 #

  22. Bawa

       پھر پہلے مکمل ایڈیٹ  کوڑھی نے چولیں شروع کر دی ہیں 

    سو بار کہا ہے کہ 

    ہر وقت کی چولیں تجھے برباد نہ کر دیں 
    ڈسکشن فورم پر کوئی کام کی بات کیا  کر 

    Posted 6 months ago on 15 Nov 2012 2:10 #

  23. BlackSheep

    Labour is cheap and plenty in Asian countries, so, they have a potential for becoming an economic engine.

    ضیاء ایم صاحب۔۔۔۔۔۔
    اگر آپ کو یاد ہو تو وائٹ ہاؤس کی ایک میٹنگ میں براک اوباما نے ایپل کمپنی کے اس وقت کے چیف ایگزیکیٹو اِسٹیو جابز سے پوچھا تھا کہ کیا آئی فون کو اسمبل کرنے کے عمل کو چائنا کے بجائے امیریکہ لایا جاسکتا ہے۔۔۔۔۔۔
    اکثر لوگ اس مغالطہ کا شکار ہوتے ہیں کہ اگر آئی فون کو چائنا کے بجائے امیریکہ میں اسمبل کیا جائے گا تو یہ امیریکہ کی معیشت کیلئے بہت زیادہ فائدہ مند چیز ہوگی یا چائنا کا اپنی لیبر فورس کے ذریعے آئی فون یا آئی پیڈ اسمبل کرنے سے چائنا کی معیشت کو کتنا فائدہ ہورہا ہے۔۔۔۔۔۔ جبکہ میں نہیں سمجھتا کہ ایسی بات ہے۔۔۔۔۔۔ حیران کن بات تو یہ ہے کہ ایپل کمپنی کی مصنوعات بنانے والی کمپنی، فاکس کون، چائنا کے بجائے تائیوان کی ہے۔۔۔۔۔۔
    لوگ یہ نہیں سمجھتے کہ چائنا کی لیبر مصنوعات کی ویلیو میں بہت کم اضافہ کرتی ہے۔۔۔۔۔۔ ہاں یہ ضرور ہے کہ چائنا کی انتہائی سستی مصنوعات کی وجہ سے نان چائنا کی مصنوعات کو بہت مشکل کا سامنا ہے۔۔۔۔۔۔

    یونیورسٹی آف کیلیفورنیا کی ایک اسٹڈی کے مطابق چائنا کی لیبر کے ذریعے آئی فون یا آئی پیڈ کی ویلیو میں دس یا دس سے کم ڈالر کا اضافہ ہوتا ہے۔۔۔۔۔۔ جبکہ اسی آئی پیڈ کی ویلیو میں امیریکن لیبر کم و بیش ایک سو ساٹھ ڈالر کا اضافہ کرتی ہے جبکہ آئی فون کی ویلیو میں امیریکن لیبر کا کردار کہیں زیادہ ہے۔۔۔۔۔۔

    Posted 6 months ago on 15 Nov 2012 2:11 #

  24. durrab

    USA bahut bura mulk ha... bahut jald toot jaiga! jitnay pakistan ka total budget he utnay ki to yeh kafir sharab pi jaatay hain ek maheenay men!

    Posted 6 months ago on 15 Nov 2012 2:12 #

  25. SAIT

    @Bawa Ji
    سچ تو یہ ہے کے امریکا کی کوئی بھی کمپنی چین کے بغیر نہیں چل سکتی- اگر چین نہیں تو امریکا بھی نہیں کیونکہ امریکا کے پاس بیچنے کو کچھ بھی نہیں ہوگا- امریکا اس وقت ٹیکنالوجی کی پیدوار میں چین کا محتاج ہے- آپ نے درست فرمایا ہے کہ امریکا چین کا طفیلی ہے

    ویسے ادھر تو آگ لگ گئی ہے سب کوڑھ کے مریضوں کو اب چھتر نکالنا پڑے

    Posted 6 months ago on 15 Nov 2012 2:19 #

  26. Bawa

      سائیٹ بھائی 

    کوڑھی اب چھتر کھانے کے لیے تازہ دم ہو کر آئے ہیں 

    Posted 6 months ago on 15 Nov 2012 2:27 #

  27. durrab

    During Sandy there was power outage in New York and other states. This leads to the only sane conclusion that I can draw: USA is just as bad as Pakistan. loadshedding is on both sides. Time to face the facts.

    USA is a gonner!

    Posted 6 months ago on 15 Nov 2012 2:33 #

  28. Zia M

    Bingo! I had always suspected that these wiley jews had something to do with racism as well.
    -------
    Today's Jews don't believe in the crap of their Holy Book.
    You have to study the tale of Noah to trace the history of racism.
    Not too long ago the US senator from W.Virginia used to quote verses from the Bible in favor of his stance against the African Americans.

    Posted 6 months ago on 15 Nov 2012 2:34 #

  29. SAIT

    باوا جی ویسے آپ چیک کریں ساروں کے پچھواڑے کیسی آگ لگی ہے سچ سن کر- اور کتوں کی طرح مذہب کے خلاف بھونکنا شروع کر دیا ہے حالانکہ یہاں پر مذہب کی کوئی بات بھی نہیں ہو رہی تھی

    PS
    میں فرنٹ فارم پر گیا تھا پر میں ابھی وہان کومنٹ نہیں کر سکتا کیونکہ میرے کومنٹ موڈریشن میں جا رہے ہیں

    Posted 6 months ago on 15 Nov 2012 2:36 #

  30. Zia M

    I already have told that reality is gona hit you guys really hard and I can see you guys are in shock state.
    ----------
    OK, Nostradamus, when are you going to declare your prophet-hood?
    I will be waiting.
    :):):)

    Posted 6 months ago on 15 Nov 2012 2:37 #

  31. SAIT

    During Sandy there was power outage in New York

    گٹر صاف کرنے والوں کے منہ سے طوفان کی بات اچھی نہیں لگتی- تیرا طوفان تو اسوقت آجاتا جب کوئی فلش کا بٹن نیچے کرتا ہے - جا جا کر لیٹرین کا طواف کر

    Posted 6 months ago on 15 Nov 2012 2:39 #

  32. durrab

    Zia M: Please don't say that, it will hurt religious feelings of those conspiratorial jews and they might start doing the only logical thing that can be done after such hurtfull provocation and feeling hurting thing:

    Burning their own cars, hospitals, buses and all foreign taghooti embassies in sight.

    Posted 6 months ago on 15 Nov 2012 2:45 #

  33. durrab

    SAIT: I beg your pardon?

    Posted 6 months ago on 15 Nov 2012 2:45 #

  34. SAIT

    Come through your real ID, and you will understand what I mean

    Posted 6 months ago on 15 Nov 2012 2:48 #

  35. durrab

    SAIT: Does latrine look like a black cube?

    Posted 6 months ago on 15 Nov 2012 2:51 #

  36. Zia M

    Come through your real ID,
    ------------
    hahaha!
    Pot calling the kettle black.

    Posted 6 months ago on 15 Nov 2012 2:51 #

  37. Bawa

      سائیٹ بھائی 

    کوڑھیوں کےبھونکنے.کی آوازیں کیوں بلند ہونا شروع ہو گئی ہیں 

    چھترذرا.دھڑے دھڑے لگائیں 

    منہ پر نہیں پچھواڑے پر 

    Posted 6 months ago on 15 Nov 2012 2:58 #

  38. SAIT

    Coe through real ID
    پھر تجھے بانس پر چڑھاؤں گا ابھی جو میں نے تجھ سے بات نکلوانی تھی وہ تونے دوسرے تھریڈ پر کہ دی ہے-

    http://pkpolitics.com/discuss/topic/world-observes-malala-day-today/page/5#post-409485

    تیرے لئے لیٹرین کا رتبہ کسی بھی کیوب سے بڑا ہے-

    Posted 6 months ago on 15 Nov 2012 3:00 #

  39. SAIT

    باوا جی ایک کوڑھی ٹٹی کی آڑ میں حملہ کرنے کی کوشش کر رہا تھا- میں نے بےغیرت کو پکڑا ہے تو بھونکنا شروع کر دیا ہے اس نے

    Posted 6 months ago on 15 Nov 2012 3:02 #

  40. Bawa

    سائیٹ بھائی 

     چھترمارمارکراگا کتےکی طرح بھونکنے والا اور پچھوارہ بندر کی طرح سرخ کر دیں 

    Posted 6 months ago on 15 Nov 2012 3:05 #

  41. durrab

    SAIT: why are you getting so upset?

    Posted 6 months ago on 15 Nov 2012 3:06 #

  42. durrab

    " ٹٹی کی آڑ میں حملہ کرنے کی کوشش"

    la hol wala quvat! ROTFLMAOWTF!!!

    Posted 6 months ago on 15 Nov 2012 3:09 #

  43. Bawa

    سائیٹ بھائی  

    میں سب کوڑھی کتوں کو جانتا  ہوں 

    کہ کوڑھی محلے سے بھونکنے یہاں یا ہے 

    Posted 6 months ago on 15 Nov 2012 3:09 #

  44. SAIT

    SAIT: why are you getting so upset?

    You know, I am not upset, Its routine and strictly speaking its business as usual.

    کوڑھ پھیلانا بند کر دو تو ہم بھی چھتر پھینک کر شانت- ائی سمجھ بیٹا
    @bawa Ji
    باوا جی جو حکم آپ کا

    Posted 6 months ago on 15 Nov 2012 3:11 #

  45. durrab

    Bawa: "میں سب کوڑھی کتوں کو جانتا ہوں"

    Wow! you must be into social networking! Very impressive :)

    Posted 6 months ago on 15 Nov 2012 3:11 #

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