Canadians fear rise of India, China

[china]

[SIZE=+1]Canadians fear rise of India, China[/SIZE]
China National News
Friday 12th December, 2008
(IANS)

​

A majority of Canadians see the rise of Brazil, Russia, India and China (BRIC) as a potential threat to their economy, says a survey.

The survey - commissioned by UPS Canada to know how Canadians viewed globalization - shows the country's strongest regional economies are most fearful of the rise of these four nations.

However, Canadians still maintain that their country will continue to play a significant role in the global marketplace.

Canadians in the better-performing central provinces of Alberta, Saskatchewan and Manitoba are more worried about the rise of BRIC nations, with 73 per cent citing these emerging economies as a threat to their economy.

In the province of British Columbia, which is hosting the 2010 Winter Olympics, 70 per cent viewed BRIC economies as a competitive threat. But Canadians in have-not provinces touching the Atlantic were less worried, with only 53 percent expressing concern over the rise of BRIC nations.

``What we're seeing is a split between the have and have-not provinces in terms of their level of insecurity when it comes to the BRIC nations,'' said UPS president Mike Tierney.

``With Brazil giving Saskatchewan's agriculture industry a run for its money and China's booming manufacturing sector hurting Canadian exports, it stands to reason that those with the strongest economies and most opportunity appear to be the most fearful of the economic damage that could be caused by the emergence of the BRIC nations,'' he said.

To overcome competition from BRIC nations, he said, Canadians should leverage opportunities in the global market and invest in new technologies and innovations, rather than restricting to regional trade in North America.

Tierney said, ``Part of the reason the BRIC nations have seen such an exponential surge in their middle classes is the heightened use by entrepreneurs in those countries of opportunities outside of their comfort zone, and they've been quite successful in doing so.''

``By mimicking that spirit of ambition, Canadian businesses could stunt the inevitable intrusion into the Canadian market by these new players,'' he said.

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Comments on this story

By ChineseJew, 12-12-08, 09:24 PM

Canadians are the most spoiled people in the world. Blessed with possessing so much wealth from natural resources without having to work for it. Canadians want to be seen as the forever givers of help to the poor nations. Sitting on high horses boasts the Canadian pride. If the poor nations are no longer poor, so goes that pride.

By Anonymous, 12-12-08, 09:56 AM

Canadians fear rise of India, China

It is understood if every nation follow the model of the west there is not enough resources for every one, unless people in developing world willing to be subservience to the developed world like what happened the last two hundred years. Canadian is just reflecting the truth that there should be no real equality or their life style will be affected.

By fish, 12-12-08, 12:29 PM

changing tide, calling for resourceful approaches to resources

Now the western countries will understand the kind of pressure, threats, and fear that the developing and under-developed countries have to endure all along. Fair is fair, everyone will have their turn so they can be more sensitive to each other if all of us is to survive in harmony in our chase for resources in the long run. Nothing is always one-sided and nothing is forever. No such thing as birthrights and entitlements for selected groups. Globalization puts everyone on equal footing. Instead of merely chasing and consuming resources, it is time to be resourceful instead. Developing nations have been making do with minimal so can Canada. End of self indulgence and the 'me, me, me, what’s in it for me....' type of mentality, time to coordinate, collaborate & cooperate. Ethical resourcefulness will be ethically rewarded.

 

[Machjo]

Pure greed! Their per capita income is much lower than ours. Let them grow, even if it means we must cut back. Where is Caatnada's sence of justice? According to StatsCan, most Canadians profess a religion. Clearly these words don't come from the heart.

Let these countries grow to our level, even if it means that we must cut back We'll survive. Let us re-educate for new industries and restructure our infrastructure for a poorer Canada. Build more bicycle paths, buy more buses and trains, increase the cost of resources, build no more roads, etc. We'll survive, but let's give them the dignity to be equal.

 

[Zzarchov]

Why should we cut back? We'll just have our population decline a bit (cut immigration and it happens naturally with our work culture) and still roll in resources and wealth.

 

[Machjo]

Why should we cut back? We'll just have our population decline a bit (cut immigration and it happens naturally with our work culture) and still roll in resources and wealth.

Then we have a fundamentally different view of resource allocation. I tend to view resorces as belonging to humanity and not one particular country.

I love the double standads among both capitalists and socialists. So-called 'capitalists' are all for free trade until it would mean equality between nations. Then they're all socialist with regulations to protect our interests.

Meanwhile socialists are all for redistributing wealth between rich and poor Canadians, b ut when it comes to helping poor countries, they want high tariffs and just give a token amount to the poor countries. Hypocricy on both sides.

 

[mit]

China has a large land mass - large population base and large bank accounts, the latter being funded largely by those countries and companies that gave up on their domestic manufacturing industries in an effort to shore up their stock prices not their profits. Had the price of oil stayed at levels above $100/bbl the transportation costs from China would have opened up opportunities for domestic manufacturers to compete on total costs to supply the market.

Here is the situation now - The price of oil has dropped where a container shipped from China is cheaper than one transported across one or 2 state/province lines. The cost of raw materials has plummetted and I am talking recycled plastic - steel - paper and aluminum. Return containers to China are very cheap - So China can now ship to us cheap - bring back raw materials cheap - convert these with cheaplabour and send us cheap products back to which we have low expectations as the cost of replacing that stereo that only lasts 3 years or that flashlight that breaks if you drop it is so low we do not get pissed at it's planned obsolescence. If that was a North American product we now expect the same price but better quality. Not going to happen. We have met the enemy and they are us!

 

[mit]

The kink in China's armour is that they are one drought away from political instability - The environment has dropped off the agenda - The high price of oil issues have been put to bed (It is only sleeping my friends and the next rise will be permanent) - Afghanistan will be the economical choice for the war on terror to keep the US military in it's permanent training exercise in a more palatable to the public form - Iraq will be left on it's own to team up with Iran if the UAE/Saudi's is not given control first (That would be the smart thing to do). A drought in China will see a mass uprising - no jobs - no food - no hope makes for an angry mob.

Mother Nature will deal the cards in the next decade. Canada has a potential to win big time - We can be seen once again as the Promised Land. We must prepare now.

 

[Machjo]

China has a large land mass - large population base and large bank accounts, the latter being funded largely by those countries and companies that gave up on their domestic manufacturing industries in an effort to shore up their stock prices not their profits. Had the price of oil stayed at levels above $100/bbl the transportation costs from China would have opened up opportunities for domestic manufacturers to compete on total costs to supply the market.

Here is the situation now - The price of oil has dropped where a container shipped from China is cheaper than one transported across one or 2 state/province lines. The cost of raw materials has plummetted and I am talking recycled plastic - steel - paper and aluminum. Return containers to China are very cheap - So China can now ship to us cheap - bring back raw materials cheap - convert these with cheaplabour and send us cheap products back to which we have low expectations as the cost of replacing that stereo that only lasts 3 years or that flashlight that breaks if you drop it is so low we do not get pissed at it's planned obsolescence. If that was a North American product we now expect the same price but better quality. Not going to happen. We have met the enemy and they are us!

The green party's green shift would not have solved the problem entirely, but would certainly have solved it partially. To ship from China to Vancouver would still be cheap (foreign gas unaffected by a Canadian gas tax). But once in vancouver, it would cost a lot more to ship it from Vancouver to Halifax and to just produce the product in Eastern Canada.

But poor us, a gas tax would hurt all the Hummer-owning suberbanites.

 

[Machjo]

The kink in China's armour is that they are one drought away from political instability - The environment has dropped off the agenda - The high price of oil issues have been put to bed (It is only sleeping my friends and the next rise will be permanent) - Afghanistan will be the economical choice for the war on terror to keep the US military in it's permanent training exercise in a more palatable to the public form - Iraq will be left on it's own to team up with Iran if the UAE/Saudi's is not given control first (That would be the smart thing to do). A drought in China will see a mass uprising - no jobs - no food - no hope makes for an angry mob.

Mother Nature will deal the cards in the next decade. Canada has a potential to win big time - We can be seen once again as the Promised Land. We must prepare now.

I disagree. even if China were wiped off the face of the map, still India, Brazil, Poland and many others are cheaper. And make no mystake about it, they have a growing skilled and educated workforce too, but much cheaper. And brazil is among the most resource-rich countries in the world. The underdeveloped countries of the world now have the advantage, and rightfully so.

 

[mit]

The green party's green shift would not have solved the problem entirely, but would certainly have solved it partially. To ship from China to Vancouver would still be cheap (foreign gas unaffected by a Canadian gas tax). But once in vancouver, it would cost a lot more to ship it from Vancouver to Halifax and to just produce the product in Eastern Canada.

But poor us, a gas tax would hurt all the Hummer-owning suberbanites.

So Machjo - Just how has the Global economy that has been touted by politicians and business leaders and our financial communities fared for you in the last decades of it's prominience? - Let's see what happens if the price of transportation goes up - It becomes cheaper to shop and ship locally - smaller businesses can start up using their location to the population as an economic and service benefit to consumers. Being a local company you sure do not want to send products out the door that will dissapoint or harm your neighbours - You do not hire an MBA who figures out by adding a little melamine or short cutting the cleaning process to minimum standards the rewards outweigh the risks to the stock price. Instead of one CEO making $100 million a year you have 100 business owners making $1 million dollars a year who plow their profits back in to their business and their employees and community. You do not fly to Arkansas to sell to Walmart but sell to regional suppliers a higher quality - fresher - tuned to the local markets product that customers want. Hmmm! - Global Trade is much more sexier and a lot less work

 

[mit]

I disagree. even if China were wiped off the face of the map, still India, Brazil, Poland and many others are cheaper. And make no mystake about it, they have a growing skilled and educated workforce too, but much cheaper. And brazil is among the most resource-rich countries in the world. The underdeveloped countries of the world now have the advantage, and rightfully so.

Up until Harper and Mr Flatulence through the grenade laden fiscal update in to our parliament we could say we had a politically stable environment - China - India - Brazil and Poland have kept their people fed with an immense amount of government intervention - They have invested in infrastructure - education and trade deals where we in the so called developed world have been cutting back on them. We deserve what we get by not getting involved in such a simple exercise as voting. We are a nation of whiners that think companies are there to provide us a job rather than we have a job to provide a service to our company. We are spoiled and now when our parental substitutes (The government) are making us stand on our own we are ill-equipped and must rely on hand-outs -

 

[Machjo]

On the contrary. The problem is precisely the voters. The government has cut back so much on education, we have a bunch of illiterates at the polls. Democracy works only if the population is literate. Canadians are no longer literate; it's time to rethink democracy.

 

[mit]

On the contrary. The problem is precisely the voters. The government has cut back so much on education, we have a bunch of illiterates at the polls. Democracy works only if the population is literate. Canadians are no longer literate; it's time to rethink democracy.

It is apathy not illiteracy that is to blame -

 

[china]

mit

We have met the enemy and they are us!

That's what I've bin saying in some of my posts reg.Canadians ; have bin accused of being anti-Canadian; bull .Thanks for putting it as it is .

 

[china]

mit

We deserve what we get by not getting involved in such a simple exercise as voting. We are a nation of whiners that think companies are there to provide us a job rather than we have a job to provide a service to our company. We are spoiled and now when our parental substitutes (The government) are making us stand on our own we are ill-equipped and must rely on hand-outs -

You know what you are saying mit ,it sounds better than when it comes from a Canadian immigrant, like myself.
Enough of" parental substitutes (The government)" , learn what it means to work ;send the whiners to China
mit ,they'll appreciate what work is.