An extremely well-written and entertaining article, but I don't agree with its economic prognosis for China. When I've spoken to officials, their stories were always consistent about the government objectives of raising the standard of living to Western standards and releasing rural land for agriculture. These factors combined to drive the massive migration to urban communities, thus creating the mainstay of the internal economy and the demand for construction steel. The momentum is too great to stop (even if anyone wanted to), without Maoist-style intervention. I'm fairly convinced that we will see the Chinese empire continuing its rise for a few more generations. To continue with the Shakespearian metaphoric analogy, Caesar said to Brutus: "Yon Cassius has a lean and hungry look. He thinks too much. Let me have men about me who are fat." China is lean and hungry. The Westerners who criticise them are fat.
– Jan Zaraza
Lithium charges up