Comments

Paulson visted china 68 times in 1990 and between then and now.. its like ..countless. The Sachs- CEO now knows all the leaders in the regime and also has investment bank there. The US/EU are dependent on China for their sanity reasons. China is leveraging that for policy positioning. No wonder, they passed a bill on sancations against taiwan if required. Both EU/US did not even raise and eyebrow and call foul !! Why ?? China controls the "money strings" and they hold the "money bag" !!

However, one needs to factor -- the Real estate prices in China. IF that crashes, then the sprial down economy will hit china hard, thereby raising cost and high inflation rates will set in worldwide. This may bring back some time of balance in Power scenarions !!

Posted by /pd at March 18, 2005 4:55 PM

Hello everybody,
just a simple comment about the title of this article. Aren't challenges a positive thing if faced with the right spirit? sure with this kind of approach the most probable results are achievement of higher, better things.
Warning: if faced with wrong approach (prejudice and hostility=inferiority) results could be quite unsatisfactory.
I bid for colaboration, trust and appreciation of differences! That create new insights, good stuff.
thanks. Cheers!

Posted by Omara at March 18, 2005 5:05 PM

Tom, I couldn’t agree with you more!! It is a very powerful article indeed with a solid analysis of China vs. US balance. Kudos to FT for publishing it! Most people don’t realize the depth of the problem or simply trying to avoid it. China is becoming the next world power and in 10 year will have the world’s most powerful economy.

Not sure if you had a chance to read any of the Professor Shenkar work on China. He has done some of the most thorough research on China and has just published a book called The Chinese Century. Fascinating. Scary. Its clarity is a welcome change from the murk one encounters in many other books on China. You'll find yourself staying up late to finish this one.

Posted by Bill Clawson at March 18, 2005 6:13 PM

Link:
http://news.ft.com/cms/s/6d924546-9752-11d9-9f01-00000e2511c8.html

Posted by Terry Rock at March 18, 2005 6:19 PM

Guanxi ma?

Posted by Jason Kerr at March 18, 2005 7:07 PM

China is definitely doing great in many aspects right now.
I would like to give an analogy to the present state in America with regard to China:
'America is leading a race that doesn't have a finish line. But halfway through, it turns around to see competitor 1(China) inching closer. It thinks about stopping competitor 1 rather than running the race faster, even though it has the experience of competing at an even higher level earlier in the race with competitor 2(Soviet Union). I think it is time for America to run the race faster than ever before!!'
atleast thats what I think.enuf of China.what can America do to REMAIN what it is today.
If America ever falls back, it is not because somebody else is doing better but bcos IT AINT.

Posted by Mahesh at March 19, 2005 2:45 AM

There is no HALFWAY in a race with no FINISH LINE. I meant to say 'somewhere in the race'.Sorry about that.

Posted by Mahesh at March 19, 2005 2:48 AM

CHINA IS A MIXED BAG - THEY PILLAGE THEIR ENVIRONMENT AND POLLUTE OURS via tradewinds.

AND EVEN EMBRACING FREE ENTERPRISE - still means they are communist and they deal in deceipt and should be an ultra respected ENEMY AND FRIEND.

Posted by John at March 19, 2005 12:04 PM

John, who "deal in deceipt" ??

Your very behavouir in this blog posting is always riddled with Deceipt itself. You have never identified yourself properly with correct name or email address. Secondly you always have these wacky remarks to throw around with no concept of collateral. It sounds so idiotic - So look who's calling the kettle black !!

The chinese are clever-- not deceitfull. Theres a big differnce. No, I am not communist lover or condone their policies, but I'll step forward to
call a black kettle, a black kettle !!PERIOD.

Posted by /pd at March 19, 2005 1:50 PM

pd - DEAR CONFUSED pd - given the rampant identity theft it is best to be private online. ChoicePoint and Bank of America customers are latest victims. I love being safe with a safe family in this terrorist ridden world.

The Chinese have killed 10's of millions of their own over the decades - their theft of intellectual property is a national sport for them with free enterprise as the victim. They are competitors, friends, enemies of the free world - most of all they are God less communists - lets not romanticize all things Chinese.

I'm totally honest in blog world and free world politics. It is fascinating that your are so INTOLERANT OF DIVERSITY of opinion and style - AND SEEMINGLY NON-PROFESSIONAL TO BOOT.

Posted by John at March 20, 2005 11:31 AM

Tom, there was another China-US article in the FT Asia edition last week "The China is far more than just another Asia Inc." (alas, subscribers only). That article was based on two recently published books: China Inc and The Chinese Century.

Posted by Manny at March 20, 2005 11:15 PM

Aha! I found a way to access this article for free!
http://www.ytlcommunity.com/commnews/shownews.asp?newsid=15931

Posted by Manny at March 20, 2005 11:25 PM

Regarding John's post, I couldn't help thinking about that sentence that states that "are our enemies the ones from whom we can really learn more" (about ourselves), sounds tough but it works (!). I believe is one key for succeding at challenges, like this one.

Posted by Omara at March 21, 2005 2:51 AM