huangthomas

Disney's China Move: A Big Growth Opportunity for Mickey

There is a Disney land in Hong Kong already.

China's Consumers Are Still Spending

There is a tremendous "inequality" of income in China. When I traveled to the major cities, they are as prosperous as any major cities in the west with pockets of poverty. But, when you go out to the country side, that is where the poverty is. Premier Wen recently uttered during his European tour: China is a great country, but it is still a very poor country. The per capita income of Chinese is $5,000/year, 46.5% of the world average (Xinhua News Agency) of $9,000. I appreciate purchasing power of certain segments of Chinese society, but it should not be extrapolated to the entire country, which is still poor by any standard.

Chinese Youth Will Propel Economic and Political Changes

The newly graduated youth have hard time finding jobs. The title of the post should be "How to spend your parents savings!".

Please send Ms Rosy Scenario home. We need her here in the US. And don't forget to bring back a copies of her famous report "Decoupling".

The Economist In One Bite

May be the US can learn something from 19 century global power Great Britain. Economy is a mean of solving geopolitical conflict without resorting to military confrontation. Fiasco in Iraq should teach us something.