jmmx

Three Myths About Business in China

China will undoubtedly take over from the USA as the world leader economically. This is due not only to the fact that they are the most populous country, but also that they are more disciplined both nationally and individually, and - very important - they understand rwo things about education:
1- It is important, &
2- it requires dedicated work all throughout school - beginning to end.

Most Americans do not understand this. They are way too lazy. I work in software/hardware industry. Why do we NEED to import so many engineers? (who are very well paid) Are indians and chinese, etc really so much smarter than Americans? Not really. It is just that they are willing to work at their education, while Americans just cruise and whine and the parents let them do it.The society has what I call a "culture of mediocrity" when it comes to education. This in spite of the fact that most teachers work very very hard at trying to provide a stimulating lesson.

Unfortunately, the Bush administration sold America out to the Chinese and OPEC countries with his enormous deficits and pro-oil politics.

Three Myths About Business in China

@ jasper M
You say: "And how long will 'upity' labor prevail once economic growth drops below population growth?"

you are talking through your hat dude - the population growth rate of China is 0.66 % less than USA at 0.98% and almost 1/3 of India @ 1.5%. So I imagine that they will not have to worry too much about what you are saying for quite a while.

- as for "drafty house" I do agree with you there, but somehow I think they will avoid the extreme into which we have sunk.