A must-read on China

Everybody knows that China’s economy, just like Russia’s is badly overstated.  But by… FORTY PERCENT??

It’s actually possible that this sort of news will help the reformers:  after all, WoC very rightly points out that a lot of what’s holding China back isn’t technological (they’re smart and they learn fast), but a culture that consistently seems to under-rate what our businesspeople call “best practices.”  And you can’t get any of that without encouraging transparency, etc.

Hat tip:  Winds of Change

Advertisements
Next Post
Leave a comment

1 Comment

  1. blackpine

     /  November 24, 2007

    It is that possible. Transparency in financial dealings is not a universal value. Ask Marcy, she would have the best perspective on that.

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

  • Featured Eyeballs

  • What’s today again?

    November 2007
    M T W T F S S
    « Oct   Dec »
     1234
    567891011
    12131415161718
    19202122232425
    2627282930  
  • Archives

  • Blog Stats

    • 131,350 hits
  • Recent Comments

    Arnie on “The people who shot at…
    Cults and Context |… on So, about that Bruce Jenner…
    Cults and Context |… on Yes, I AM, in fact, looking at…
    Cults and Context |… on How The Internet Says “D…
    Kat Laurange on Hungarian Military Sabre …
  • %d bloggers like this: