China - Country of The Future

An eye opener -  Watch it and towards the end of this video 

there are other topics of interest on China . . . . . .
- Abdul Baha -

THIS IS A VERY IMPORTANT "MUST WATCH" VIDEO AS ITS AN EYE OPENER AS TO HOW PAROCHIAL MOST MIDDLE AMERICA IS REGARDING THE WORLD - THIS IS ALSO BEING SENT TO MANY AMERICAN FRIENDS - I DO THIS NOT BECAUSE I AM INSENSITIVE BUT BECAUSE IT WOULD BE BETTER FOR THE WORLD TO REALLY UNDERSTAND THE DYNAMICS & IMPLICATIONS OF CHANGE.
            
The Americans are irritated by the rise of China but they fail to recognise these key factors:

1. the Chinese culture of hard work & thriftiness, of deferring gratification - compare this with the American culture of living the good life and spending what you don't have ie living on credit(applies to both Govt and people). On this alone, it will be hard to beat China .

            A few years ago, on a visit to Shanghai & Beijing, I noticed that there were always groups of young people in animated discussions (I am a compulsive eavesdropper) - there was always a common topic of discussion in these groups and they were always talking about how to build businesses, how to make more money, how to improve things.
            Then I went to San Francisco and in the Starbucks outlets, I noticed young people in America also having discussions - and they were talking about skiing holidays, the latest movies and whats new with Apple products.
            So how the heck do you compete with a China that is many times larger in people and land area, that has a highly motivated young generation, totally focussed on getting ahead? Its CULTURE, stupid !
            Unless America changes its culture, it's going to be trampled by a thundering locomotive called " CHINA " !
            Yes SIZE DOES MATTER, especially when its size on super steriods !

2. The speaker talks about USA having the edge on "Entrepreneurship" and "Innovation"- what myopic stupidity ! He obviously hasn't been to China lately !
            The Chinese will lead in everything from being price competitive in both products, services and technology-already they are making household names like ABB/Alstorm, Westinghouse who once lead the world in powerplant building, quake in their shoes.
            USA may have invented many things like telephones, PCs etc. but whilst they slept Japan overtook them. Then whilst Japan dozed, Korea crept in and swiped a big chunk of their market.
            Now guess who is beating the shit out of Korea ?? Why do you think that Hyundai and Kia only recently came up with a 5 year UNLIMITED mileage warranty on their cars ??
            - They had NO CHOICE !

3. Without China, the inflation rate in the USA would have been MUCH higher
            - I reckon over 80% of EVERYTHING the Americans use, come out from China(for that matter 80% of everything the whole world uses comes from China)
            - over the last 15 years, China SINGLE HANDEDLY kept down world inflation by giving the world more affordable goods.
            Yes China is NOW a superpower but unless it is threatened or suffers internal threat like a food shortage, it has no external ambitions.

4. In the next 2 decades, growth will be largely between East Asia and India - and countries located in between will prosper but such countries must orientate themselves to be an integral part of this growth process to remain relevant and to take advantage of the spin-offs. We in Malaysia are such a country but if we continue to allow ourselves to indulge in racial divisiom, in discriminatory practices and allow nepotism, cronyism and corruption to overwhelm the virtues of meritocracy, then  we are dead in the water as we will be irrelevant and unable to participate in the growth process that is undoubtedly coming - I appeal to our politicians to wake up and plan for this; don't get so caught up in your political survival issues that the country misses the big picture !

5. Yes, whilst the world slept, China planned - they realised their long term need for resources and in the last 2 decades, they went all over the world to work out G2G and private sectors deals to lock in long term supply of every key resource they will need to keep their production process going and uninterrupted. The Chinese are brilliant, pragmatic and astute in their business planning - and they have developed this to such a macro level and unerring accuracy ! Maybe their many years of centrailzation has helped but this is an admirable trait, not something to be feared but something to be emulated.

6. We would be clever to use Chinese technology, Chinese capital, Chinese resources and Chinese influence to help develop our country
            - we must not be small minded and act like the proverbial "frog under the coconut shell" (katak di bawah tempurong)
            - be bold, be open, be honest and most of all BE HONORABLE IN ALL OUR COMMITTMENTS to everyone, including all foreigners.

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