Finance, Forex and Investments

All jobs going to china/India. How can anyone in world compete with 2.5 Billion people joining global trade?

internet/ web: opening of india / china. china joins the global economy. india joins the global economy. india is world-known for services and call-center. services in india. china is world-known for Manufacturing. made in china All cost of labor is 1/10 of USA 1/20 of USA. Will most, if NOT All jobs go to India/ China in 21st. century????

Public Comments

1. It's time for the wealthy western countries to get ready for a major lifestyle change, Things are going to be tough for a couple of decades. Shit happens!!!!!
2. Not all jobs are going overseas If you take a look at productivity numbers, workers in the USA are far more productive than their overseas competitors In order to compete, you have to get better at what you do. That's what we have been doing for a long time and we are good at it.
3. All jobs aren't going to china and India. China is famed for cheap and poor quality goods. It is known for stealing designs and ideas from the west. India has millions of poor and uneducated. India does not take care if it's own vaccination programmes much is funded by aid and even British school children. Call centres where the operator cannot be understood has made some companies relocate heir call centres to Britain. So no not all jobs will go to china and india......but it will be nice not to have to pay aid to India. Time it took care if it's own.
4. These countries have massive populations but with massive populations comes other massive problems which will eventually effect these countries. They wont be able to make people work for the amount of money they are paid at the moment forever, eventually it will change and then China and India will experience serious problems. I dont believe that all jobs will go to China and India as many of the jobs that go to them are the rubbish jobs that given the education systems in the western world most westerners would be over educated for. Manufacturing and call services are hardly Harvard and Oxford material, as you will find that most of the cleverest and richest Indians and Chinese leave and go to European or American universities and then stay and work in the West. So to answer your question do i think all jobs will go to India or China then my answer is no, only the jobs that require low skill and cheap labour will go but all specialist or skilled jobs will stay in Europe and America
5. You can't, especially when they are working for $10 a day. What we get out of it eventually is massive unemployment and sinking down to their level. The only solution is to cull out a billion people in China and a billion people in India. Need to reduce the work force.
6. You don't, you join them instead instead of worrying about your country's "superpower status". Honestly, China and India aren't afraid of the US anymore.