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China becomes urbanized
Posted: 18 January 2012

Seeing as how China now has more people living in cities than in rural areas, which is ahead of our timeline from a few years back, we can now call China a mainly urban society, and many things will apply to those markets.

In particular, I think that the scenario from this MindBullet is more likely than ever.

MindBullet logo FUEL AND FOOD CRISIS SPARKS NEW GLOBAL INFLATION SPIRAL
Millions of automobiles and western lifestyles push China's consumption beyond sustainable limits. It's another '70s style stagflation scenario.
Dateline: 25 August 2017
Even as computers and electronic devices become as cheap as the value of their waste components, prices are rocketing up for gasoline, diesel and food products. Although rice is still relatively cheap, "Only peasants eat that stuff," according to Chinese auto workers. Cars are now one of China's biggest products; production is at 20 million units per year and climbing. Most of those autos ...
 
 
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