Services have overtaken manufacturing for the first time in Chinese history. Chinese now wealthy eno

[Sobotnik]

[QUOTE=Cutthecrap;40636747]The question is...once we have filled all the roles in cheap production...what will we do with all those unemployed due to machines taking their places?[/QUOTE]

Unemployment due to machinery doesn't actually exist.

Let us imagine that machines make televisions cheaper. More televisions around, plus people who bought televisions beforehand, now have more money in their pockets. They want to spend this extra cash on new things.

With a greater expanded demand for television shows as a result of more televisions, the unemloyed will find jobs either in these media or entertainment industries, or perhaps repairing televisions, maintaining television infrastructure, etc.

Due to the inherent fact that machinery destroys a job in one area, another job is soon enough created due to what the machine has saved.

Most unemployment is generally based around how well the economy is doing, inflation rates, interest rates, etc.

[LoneWolf_Recon]

[QUOTE=Used Car Salesman;40635430]This regularly happens to many developing countries. Their cheap labor is ruthlessly exploited until their economies grow enough to form a middle class. The difference is, a billion Chinese people adopting a middle class lifestyle is going to be disastrous for a planet that can only sustain a first world standard of living for about 2 billion people.
[/QUOTE]

The Chinese govt. has been pushing for EVs such as the Nissan Leaf to be on the road
[URL="http://www.greenerideal.com/vehicles/0514-how-nissans-leaf-is-changing-the-world-one-all-electric-car-at-a-time/"]http://www.greenerideal.com/vehicles/0514-how-nissans-leaf-is-changing-the-world-one-all-electric-car-at-a-time/[/URL]

Plus the increase in demand for food by this growing middle class may help support American farmers.

[BCell]

Next would be Africa. Africa will one day be the top producer of electronic goods and furniture by the year 2050s and China would ironically be depending on Made in Africa products like how America did with their products. I'm just predicting. If China stop becoming the top producers of product one day, SOME one is going to have to take their place.

[mac338]

[QUOTE=hehe;40639442]One of the most powerful economies in the world and yet they sit about 100 on the Human Development Index. Hopefully this continued shift bring the standard up there a bit.[/QUOTE]

Remember that the large population means a low GDP per capita.

[Sobotnik]

[QUOTE=mac338;40640929]Remember that the large population means a low GDP per capita.[/QUOTE]

The depressing thing is how that the GDP per capita in China was lower in 1950 than in 1000.

Fortunately it's changed a lot since then.

[DainBramageStud]

[QUOTE=Killuah;40630255]I'm sorry to shit into the bowl but as it is right now they are outsourcing production and ressource gathering to Africa much like we did outsource to China in the past.[/QUOTE]

Well Chinese colonialism in Africa can only be a good thing, for both the Africans and Chinese.