sherwin

China: Inhibited Growth, But Too Early To Short

Mr. Cam Hui, your opinion or view that Chinese businesses "are not scalable into large businesses if there are no professional managers. Such a culture can create a nation of shopkeepers but not a nation of industrialists." is very short-sighted and doesn't hold ground at all....you are neglecting the fact that more and more Chinese managers are being trained in the best business schools in the West. You're also neglecting the fact that there have been already a number of successful listed public companies that have started as small businesses.

You are assuming that China's status quo will not change...and that the Chinese people will remain the same the way they are now...which is grave underestimation of what the Chinese people aspire to become.

If you live in and are really in tune with what's happening in China, you will know that many existing business managers (big and small) and aspiring young entrepreneurs are so tuned into the learning the most effective management methods.

Lastly, China is slowly easing its one-child policy by allowing couples who have come from single-child families to have 2 children. The gov't is also mulling the possibility of allowing families that can prove financial capability to have more than one child as well. Again, if you are in tune with what's really happening in China, you would know this.

I feel sorry that you have decided to not let your child study Chinese. Eventhough she might not reap the financial benefits of it in her adult life, but that is not the only weighing factor in learning a language. You are depriving her of something that would enrich her cultural experience and heritage. By your decision, you are already closing that door for her.