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The Chinese own most of the world because the rest of the world have been buying their cheaply made crap for years and now cannot afford not to.

 

The Chinese are the best business people in the world with more and more millionaires there than any where else - good luck to them.

 

As to the article, it is clearly about cost saving so they dont have to pay for the best expertise money can buy, and they say they "prefer" the Asian who was educated in the West. I dont think they are making the best decision as they are thinking they will get the Asian candidate who has the Western education, but sadly and from what i have seen, the Asians are still Asians and most of the time have no expertise/knowledge of management.

 

Asian companies will make great profits, but will always need the experience of Western Expats to succeed

 

up to about yr 2000 you were most probably right.

The Chinese have not got to "own most of the world because the rest of the world have been buying their cheaply made crap for years"

 

t's a bit more sophisticated that that.

The Chinese 300MPH train network for example.

 

The Japanese set the first model up and only failed because of lack of natural resources.

At that time western companies were importing and copying their management techniques.

Especially in the MV industry.

 

 

 

It will take the USA and some of the western world a time to realize this - but their time is over.

US shale gas will slow down the shift in power - but it wont change its direction.

Edited by aussielongboat
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US shale gas will slow down the shift in power - but it wont change its direction.

hopefully they will come up with another power source by then.

I was told forty years ago cold fusion was the answer.

But i thought we would have flying cars by now so Ive been known to be wrong before. :D

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