SPIKER
Elite Member
For PRC, zero pollution standards are a major competive advantage.
Part of the un-level playing field that guaranteed they would take over most manufacturing sectors.
Rgds, D.
I agree when the EPA can basically write their own paycheck by going after any industry they want without Congressional approval then they have effectively become a dictatorship within the USA. Look what they are attempting to do to the wood stove manufactures, most of which are small places making couple hundred stoves a month. The costs to make them EPA compliant & tests to prove it is compliant & maintain those compliance are upwards of 100K per model of stove. Each model must be tested and meet these stringent requirement. Mind you the Wood Stoves are just one of the latest industries to be threatened to be wiped out by costly and unnecessary regulations. Looking around and checking for pollution out of even all of the stoves made is hard to find stats but that pollution is extremely miniscule.
China will eventually start losing their best and brightest for a better place to live if they do not do something about their environmental issues. Average wages will increase, there will be better balance between counties than there is now. They have a lot of people so they will remain a powerhouse, but not to the extent they might be thought to be destined to be today.
That has been happening for a while because of the competition for jobs over there most of the under 30 crowd have high degrees & few good paying jobs. I work with a large number of good professional people over last few years. Now I have a Masters degree person working with him (27 yrs old) but is the typical book smart type who can't tie his own shoes. :/ He so far has been the exception to intelligent hard working people I have been around.
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