Economic reality

Asia boosters (eg. "The 21st is China's century" brigade) would do well to read the Financial Time's Asia correspondent every week. This week he laments Asia's lack of new ideas and what it means for the future - http://www.ft.com/comment/columnists/guydejonquieres

Monsieur Guy de Jonquieres, sounds full of sour grapes to me. Loaded with American clich├й and foreboding. Rather surprising for a Frenchman writing for an English publication. Perhaps he is writing solely that which they wish to hear.
When will they understand. It is no longer about them. This is one mother fucker that can't be manipulated simply to meet their own ends. He would do well to rather concentrate on the benefits that a power economy like China brings to the global economy.

Doing buisness in and with China has not always been easy. But the rewards have mostly been astronimical.

Doing buisness in and with China has not always been easy. But the rewards have mostly been astronimical.

Indeed. Or possibly inimical. Or minimal. Or imaginary

Doing buisness in and with China has not always been easy. But the rewards have mostly been astronimical.

Indeed. Or possibly inimical. Or minimal. Or imaginary

You are probably refering too that little bit of grizzle staining your Chinese made Calvin Kleins. Never mind it's the fantasy that counts.

... of all those conversations I have with guys doing business in China. You know the ones - you ask how much money they're making right now, they shuffle their feet and then the litany begins. "Ah well, we're there for the long haul. These things take time. Profits don't figure in our two-year timeframe. Rome wasn't built in a day. It's market penetration we're shooting for" And of course my all-time favourite (which was also very popular about the dot com boom in 2001) China "is different"