DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Chinese government wants to compete with Boeing & Airbus.

**EnubreBense** · 02-06-2010, 11:04 PM

Why is that laughable ?

Because it's a simple-minded projection of ridiculously high growth rates (circa 11%) for 30 years into the future. There is absolutely no reason to believe that China will manage this well after the point in its development that other countries which have gone before it have. There is an enormous difference between catchup growth and growth at the frontier of development.

02-06-2010, 11:04 PM	#22
EnubreBense Join Date Oct 2005 Posts 552 Senior Member	Why is that laughable ? Because it's a simple-minded projection of ridiculously high growth rates (circa 11%) for 30 years into the future. There is absolutely no reason to believe that China will manage this well after the point in its development that other countries which have gone before it have. There is an enormous difference between catchup growth and growth at the frontier of development.
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