... they can realistically outpace China economically. .....
I am at a distinct disadvantage in that I obviously have much less knowledge about East Asian affairs than some of you all. Adroit pronouncements in thread supported by facts contained therein remind me of some of my mis-steps on the subject. To wit:
Although DLIWC did a great job, but over the years my ability in Japanese is failing. I must struggle to read the Asahi Shimbun or the Yomiuri. I can fairly well keep up with NHK but that is also limited. I am anxious to see the results, from a Japanese perspective, of the 2 Plus 2 being held as we speak. Anyone?
I participated in the first U.S.-China Joint Commission on Commerce and Trade (JCCT), Beijing, PRC, May 1983. My 15 minutes of fame, Air Force One, the whole nine yards. Meeting and chatting with highest level Chinese leaders of the time was memorable. That said, I participated in drafting two of the 8 protocols agreed to during the meeting. As I re-read some of the language I agreed to in the protocols, I am stunned at how wrong we were at the time. We sorely underestimated the Chinese underdeveloped capabilities in the trade arena.
Subsequent to the meeting, a group of us, mostly from the U.S.Gov three letter agencies, spent 3 months traveling around China, visiting factories, labs and etc in China. Nothing was off limits to us, other than the military and military installations,. I jointly wrote the report, one of the gems that we wrote in 1983 was that ......”it will take China at least 20 to 30 years to developed their industries and infa-tructure to be able to compete on the world stage of commerce, especially in the high tech areas. .... “ Dip sticks we were.
The following year the Chinese Government requested from the U.S. Gov, help in developing their communications networks, in particular, the budding cell phone system. As Chief Network Engineering Director for the U.S. Gov voice/data networks, FTS, I visited China. I found little progress and my report said they would probably never have a sophisticated network throughout China. Was I ever wrong.
In 1987 I participated in drafting, providing copious amounts of data, to the OTA (Office of Technology Assessment) report on “Technology Transfer to China”. Declassified, available from GPO, Library of Congress Cat. Card # 87-619823. If you want to see some very wrong assessments, take a look at what some of the best minds thought a mere 23 years ago. 245 pages of nonsense. One Gem was the “... over the next 20 years China exports will increase but are likely never to be able to compete with U.S. products. .... “
Fast forward two years, Tiananmen Square and the June 6 Massacre or Liuu-Sii Tiisja. We (the unwashed) said it was over for the Chinese and their quest to be a major player on the international stage.
BLUF: I have been so wrong in the past, take what I say re the subject with a grain of salt. But to be sure, I will never underestimate the PRC again