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Nickname: Desi
Review: So over time China exports stuff to the world, high tech innovations (already) take place in China, Chinese goods have lots of Chinese customers, and China does not import much from the world. China has commercial muscle and military muscle. Sounds similar to the US position a few years back?
Date reviewed: Jan 12, 2006 9:13 PM
Nickname: Yilin
Review: This article does not mention anything about China vs. India. Then why are there some many flames trying to invoke another China vs. India war? Sure the English issue is quite important, which could possibly be the predominate reason that India is so successful in off-shore/outsourcing IT sector. However, China is on the right path, which is very similar to what Korea and Japan had been on. And we can see how much emphasis the current young Chinese put on their education. In most of the higher institutes across Europe and north America the number of Chinese students is preeminent, when compared to others, like Indian students. (Sorry about the poor English since I am a native Chinese speaker)
Date reviewed: Jan 9, 2006 8:20 PM
Nickname: jnb
Review: One has to differentiate the definition of "top tech gear." In the US, the top tech gear goes to the defense industry, while Chinese top tech gear goes to commerce.
Date reviewed: Jan 3, 2006 7:06 AM
Nickname: Subba Yerra
Review: Whatever the reasons behind the blinding success of Chinese manufacturing, one factor wasn't a barrier: language. A 1915 survey revealed that workers at one of Ford's production facilities spoke 50 languages with most barely speaking English. China's high literacy rate of 85% is in Chinese--English is far less prevalent. Thus, there can be a skilled manufacturing workforce without the need for English skills. But English is crucial to make strides in the software and services sector, which is precisely India's advantage. Add to this the possibility that growing mechanization in the long run will reduce employment in manufacturing and contribute to a growing pool of laborers deemed unskilled for the knowledge industry. The importance of English as a growth factor is no doubt debatable. But past and contemporary (India) experience lends some credence to this generalization. The argument here isn't that the Chinese economy will slow but that its ability to diversify will be limited.
Date reviewed: Jan 1, 2006 11:57 PM
Nickname: whitewong
Review: We have so many "China" towns in the USA. How many "USA" towns are in China?
Date reviewed: Dec 29, 2005 1:16 AM
Nickname: dave404
Review: China's rejoining the world after the long communist years and centuries of self imposed isolation and exploitation is certainly a welcome event. However, having this massive country enter the global trading system is creating a tremendous shock. It's not as one poster wrote that we feel "inadequate." The fact is that our economies and our political systems have developed in isolation and grown along separate lines. Now thrown together in our global trading system the high costs in developed countries has led our multinational corporations to hollow out their American and European operations and move them to China. The view from the tech trenches is bleak. Our capabilities are deteriorating and going to China, a country with an oligarchic rule that seeks to supplant us in world affairs. Recent moves by China against Japan and Taiwan, the bald-faced move of telling the Australians that they should re-evaluate their security commitments with the USA hint at a less then benign future.
Date reviewed: Dec 28, 2005 3:03 AM
Nickname: arjun
Review: Yes, China may become a superpower one day. But that day is still far off. I believe that to be a superpower in the true sense, you need to have good R&D skills and good business acumen, both of which requires good homegrown talent. You can't depend on foreigners to make you a superpower. I would definitely favor India over China because India ranks over China in talent and business acumen. Note that all the growth in India was brought about by Indians. There has been no foreign hand like in China. The only department where India lacks is political competence, which can be seen in areas like poor infrastructure, no labor reforms, etc. In the fight of India vs. China, India may well prove to be the proverbial dark horse. This view is also held by investment stalwart George Soros and management guru Peter Drucker.
Date reviewed: Dec 23, 2005 5:05 PM
Nickname: VikasM
Review: It's true that mass manufacturing jobs won't return to the developed economies of the World. That's why US, even Japan and Korea are suffering from the manufacturing exodus to places like China. I mean, Boeing and Airbus are taking home contracts worth tens of billions every year from countries like India and China. The same is true for the defense sector. And, last but not least, tourism and education are a big boon, since many more Asians are travelling as tourists to the US and other parts of the world. Sure, there's a realignment in the economy, but not a loss as many of you project.
Date reviewed: Dec 21, 2005 7:36 PM
Nickname: fishwy
Review: You should never underestimate China's capacity to become a super giant!
Date reviewed: Dec 19, 2005 3:33 PM
Nickname: nono
Review: Article is good but with too much bias. China still needs a long time to compare with the U.S.
Date reviewed: Dec 17, 2005 9:03 PM
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