It's brain, culture, hard working Chinese people and careful management by the government, Russia! By CLIFFORD J. LEVY Published: October 17, 2009 MOSCOW — Nearly two decades after the collapse of the Communist Party, Russia’s rulers have hit upon a model for future success: the Communist Party. Or at least, the one that reigns next door. Like an envious underachiever, Vladimir V. Putin’s party, United Russia, is increasingly examining how it can emulate the Chinese Communist Party, especially its skill in shepherding China through the financial crisis relatively unbowed............................................. http://www.nytimes.com/2009/10/18/world/europe/18russia.html?pagewanted=2&_r=2
China succeeded simply because it followed the well established Asian manufacturing route to success. Like Japan, Taiwan, Hong Kong and Korea that went before it, China became the cheap labor for the production of American goodies. Unless the Russians take the same step, they can look at Chinese communism all they want; it isn't the communism, but rather the market economics that catered to American consumerism that gave the entire far east its riches and progress over the last half century. However, even that may not work anymore as American finances are in a shambles. US consumers won't buy that much more, from China or anyone else. However, China has a distinct leg up. They have plenty of people that can replace the US consumer. All it takes is for Chinese industry to modify their customer base to a home grown model, and Chinese prosperity will continue at least into the next century. Be rich like China? Sure, open factories that sell to Walmarts. Maybe then we'll see on the bottom of our shoes "made in Russia."
It's possible as China slowly move away from manufacturing into tertiary industry... If that occurs, then they would need a country that could support the tertiary industry hence Russia if they actually decide to do so
That ain't gonna happen any time soon. China is not so far advanced that the entire job sector will shift towards services. There are still plenty of people involved in manufacturing, unless China itself (or the world market) finds a huge source of labor that is even cheaper than the PRC. We tend to think of China as first world, but in many respects it is still mostly third world and as such can still support a manufacturing base for as least the next half century. Millions of migrants still gravitate towards urban areas seeking jobs and poverty in China's rural areas remains pervasive to the point that prostitutes are still a number one Chinese export. If anything, the Chinese countryside will remain very much a source of competitive manufacture ability for China, while the urban areas, will begin to cater to high tech tertiary needs both within and also abroad. The only way that the Russians could get their foot into the door with China is to look toward supplying energy to the PRC. Further, because of the huge financial reserves that the PRC accumulated over the last twenty years, it's no wonder that the PRC weathered the financial storm in much better shape than anyone else. To compare Russia to China on economic terms is going to be an apples oranges stretch as they're really dissimilar. The only way that Russia could pull off something like what China did? Sure, undercut China in terms of being a manufacturing base for the world market. That is, have Russians live an economy that is similar to say, ...Myanmar? ...for the next twenty years.
It's funny hahaha.. I read the Russians are asking China to build their high speed railway system, connecting their major cities, LOL That's another pitfall with the Russians, the lack of investment in civlian technologies!
