The much vaunted Chinese economy - U2 Feedback

Go Back   U2 Feedback > Lypton Village > Free Your Mind > Free Your Mind Archive
Thread Tools Search this Thread Display Modes
Old 01-22-2007, 07:51 PM   #1
love, blood, life
financeguy's Avatar
Join Date: Dec 2004
Location: Ireland
Posts: 10,122
Local Time: 10:54 AM
The much vaunted Chinese economy

Is it all it's cracked up to be?

When I went to college - a long, long time ago, the early '90's - management theorists, economists and others were praising the new wisdom of Japan. Management textbooks were full of talk of kaiban, 'Just-in-Time' and other revolutionary techniques fostered in Japan.

We all know what happened subsequently - a classic asset price bubble, a property market slump followed by 14 years of zero or negative growth in the property market (surely a record for any developed economy in the modern era), government mismanagement and corruption, banks going bust, etc . To be fair, many of the best Japanese companies survived - but some of them did not.

During the 1990's, the US reasserted itself and almost all of the new IT related and dotcom successes were based out of the US - or, if not, they were often US financed or influenced by technologies developed by US companies.

Looking into the future - is the Chinese economy all that it's cracked up to be?

What international brands has China created - compared to the US, Germany, Japan, etc?

What genuine creativity and industrial entrepreneurship is present in China?

financeguy is offline  

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT -5. The time now is 04:54 AM.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.
Design, images and all things inclusive copyright ©