Where has all the money gone - China?

bugslet

vivatifosi wrote: »

BTW I agree with Gen, there isn't an in crowd here, though clearly there's a banter between those that have been a while. Personally I prefer discussing economics to house prices, but you'll find that 9 times out of ten the more popular threads are about housing.

I don't generally contribute to this board as I'm frankly not smart enough when it comes to the subject of economics ( where the house prices are going doesn't interest me particularly either), not because I think it's cliquey in any way. It has to be one of the least cliquey forums I visit.

Loughton_Monkey

bendix wrote: »

Except tens of thousands of poverty-stricken country girls reduced to selling their body to sex tourists for 20 quid a time.

Come on . . admit it. You're in Pattaya aren't you. It was the line about Russians buying up apartments that gave you away pal.

Bl00dy Hell.

Was only 10 quid in my time! I guess that's inflation for you!

kabayiri

Loughton_Monkey wrote: »

...
Evan, sadly, obviously could not see this.
...

He actually did see an example of this, with the training shoe store which was effectively a clone of the Nike Town idea.

He acknowledged that they had cloned the whole brand experience.

Generali

socrates wrote: »

We already have what all the tourists want we are just too blinkered to give the tourism industry the financial incentives they need to get these people here in their droves - I want to see Central London and other large tourist spots around the country buzzing again.

I see a simple country like Thailand where there is proper poverty (no welfare state here) - it is currently growing slowly but steadily - they have relaxed certain criteria for change of use of land and property - they are regenerating section by section in tourist areas as and when the money comes in - its a constant evolution - middle class Russians are buying apartments and are taking over slowly, they have Chinese and Japanese as well as Koreans adding to the mix

We as a country have all the ingredients that money rich tourists want - we are just so desperate to stick to what we know in order to get income from Tourism

We can change the court system overnight to listen to cases against rioters outside the norm - lets change our Tourism industry - give tax breaks and incentives - subsidise airlines, there must be a whole host of things we can do - these are desperate times lets take the measures that need to be taken

I repeat - we will never come out of this recession through cuts alone - lets get someone else to pay our way out - but lets give them something for their money - everyone loves value for money!

Red tape is a big problem in the UK. It has led to crazy house prices in the South East of England and it's nearly impossible to build infrastructure or employment in a reasonable time frame.

I wouldn't like to see a return to the Dark Satanic Mills but I doubt the Industrial Revolution would have gotten off the ground in C21st Europe (incl UK).

socrates

Generali wrote: »

Red tape is a big problem in the UK. It has led to crazy house prices in the South East of England and it's nearly impossible to build infrastructure or employment in a reasonable time frame.

I wouldn't like to see a return to the Dark Satanic Mills but I doubt the Industrial Revolution would have gotten off the ground in C21st Europe (incl UK).

So lets incentivise what is already there and popular - lets make it so easy for them to come to the UK and spend money (with proper visa checks) that UK becomes the shopping capital of the world

Loughton_Monkey

socrates wrote: »

So lets incentivise what is already there and popular - lets make it so easy for them to come to the UK and spend money (with proper visa checks) that UK becomes the shopping capital of the world

..not forgetting that it is 'difficult' for Chinese to travel. Indeed, senior people (those who can afford foreign travel) are not allowed to keep their passports. They are held by authorities and released on request with permission.

.. also, the Koreans are rich enough to travel. Their problem, though, is that they perceive that they get only 2 weeks holiday a year. [This is not strictly true. They get 2 weeks 'use it or lose it', plus up to 5 weeks more. However, it is standard practice to work those 5 weeks and hence get paid double time - not least because their culture generally does not allow others to do their work for them while they are away. I had 300 staff for 4 years, and I never received a single request for 'holiday'].

vivatifosi

kabayiri wrote: »

I suspect you miss the point though vivatifosi.

There is nothing to stop the company(s) behind this new tech using mass manufacture in China. If it reduces their cost base they will do so.

I suggest the problem is not technical ; it is not intellectual. It is economic and financial.

Financiers will always see the easy option of using cheap labour elsewhere. Their goals are not aligned with the aims of our state finding productive work for the masses in the UK.

In Germany they still see manufacturing as part of the social fabric.

Absolutely, there has to be a financial benefit. Though what the articles are saying (and there's a long way to go until this plays out so I don't know which way it is going to go) is that the human costs are low and costs to ship are high, so it could tip the balance back towards the UK.

It also looks very exciting technology for prototyping. The company I used to work for had a prototyping lab in the UK and it cost a fortune to run. This technology potentially brings the costs down substantially. This brings opportunities for start up companies. Certainly in terms of the industry I worked in the Chinese were great at mass production and fast-following, but far less good at innovation though I can't speak for all industries.

pqrdef

kabayiri wrote: »

In Germany they still see manufacturing as part of the social fabric.

This may be a problem.

Time was when most people in this country were agricultural labourers. The enclosures created massive rural unemployment, but the industrial revolution came along and took up the slack.

But manufacturing, wherever it's done, is increasingly automated and machanised and uses fewer and fewer people. What we don't yet know is what new labour-intensive activity might emerge, to soak up all the people.

bendix

socrates wrote: »

Bendix it makes no difference where I am - the problem is in GB - but unless you point score you are not happy - you are a classic example of the unfriendly people on this board.

Stick to the subject and forget your snide remarks - you know nothing of my situation.

So, you ARE in Pattaya. Nice one.

As for being 'unfriendly' . . i'm not sure I understand you. Why should i be friendly to some anonymous entity on an internet forum. Are you my friend, and I didnt realise it?