[RallyJon]

Wages are going up rapidly in China, as is the reluctance of workers to toil like slaves. You can't buy a car on 88 cents an hour in China or anywhere else. Some people have an insulting view of the Chinese as little worker automatons. They aspire to be middle class and are working to get there--not to be factory fodder for generations.

It took 100 years for America to go from hardworking cheap factory labor to overcivilized bourgeoisie. It took Germany and Japan just 30 years. The maturation of China will be even faster.

And as they raise their standard of living, what consumer brands do they aspire to? American brands of course. It's myopic to look at China from only one side. The development of China is the best thing that could ever happen to the U.S. economy.