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<p>[QUOTE=&quot;ToughCOINS, post: 7459222, member: 20480&quot;]Something about China which has been overlooked by just about everyone except&nbsp; China is their decades long cultivation of a consumerist economy.&nbsp; It is that which&nbsp; substantially offsets the increases in their labor costs.&nbsp; They no longer so desperately need to export their goods as they once did, as they now have domestic consumers in real numbers.&nbsp; </p><p><br /></p><p>Do they still want our business?&nbsp; Yes, of course, but it is no longer the linchpin of their strategy that it once was.&nbsp; </p><p><br /></p><p>The Chinese Central Planners are now better able to selectively retain and surrender market segments than they were 20 years ago.&nbsp; They now have a nation full of earners of respectable wages, and a viable economic infrastructure.&nbsp; That is what I mean when I write that China is well on its way . . .[/QUOTE]</p><p><br /></p>

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