Archive for the ‘Globalization’ Category

The Chinese Economy: No Titanic

Tuesday, March 4th, 2008

The China Economic Quarterly produced a report called The Flywheel Economy on the self-renewing momentum the Chinese economy has picked up as its economy develops into a juggernaut: “As a result, the internal and external imbalances generated by this growth model are likely to grow worse before they get better.” In other ...

Inexorable China: Energetically Averting the Great Leap Backwards

Thursday, January 3rd, 2008

Yuyao is a small town an hour’s drive west of Ningbo, in Zhejiang Province, south from Shanghai across the Hangzhou Bay. I had gone to investigate a Chinese automobile parts factory in the sleepy town. It was one of the hottest summers on record, in the end racking up 40 ...

Inexorable China: The Anxious Class - Chinese and their Growing Wealth

Wednesday, December 5th, 2007

The landlord that showed me the apartment in the Suzhou Industrial Park made a sweeping gesture from the balcony of the highrise overlooking Golden Rooster Lake. “This will be my retirement home one day,” he announced with satisfaction. I rented the apartment, a large three-bedroom, two-bathroom with a back room ...

Inexorable China: Increasing Integration with the Global Economy

Saturday, December 1st, 2007

China’s GDP will nearly have eclipsed America’s by 2020; by 2030 China’s will be the largest in the world. Per capita GDP income at that time, however, will still be less than many of the members of the Organization for Economic Development and Cooperation (OECD), made up primarily of Western ...

Getting Real in China with American Real Estate

Friday, October 19th, 2007

Things must be really tough in the American real estate market. I haven't been back to the States for nearly a year, but I get the feeling events on the ground are more dramatic than what even the media can make them out to be. I recently delivered a presentation at ...

Sourcing from China: How to Cover Your Patriotic Bum

Friday, September 7th, 2007

In December I’m serving as a co-chair for the ATLAS-SFI Conference on “Legal, Tax & Financial Strategies for Doing Business in China.” I began to get the sense that running such China Business Conferences in the States is becoming unfashionable when one of the conference coordinators asked me if I ...

And Now for Something Completely Different: China Globalizing the United States

Wednesday, July 18th, 2007

An associate in Shanghai recently gave me a copy of a China article in the July/August 2007 issue of The Atlantic Monthly. The article, "China Makes, The World Takes," is by James Fallows. The article is ok. He writes through the product-sourcing lens of Shenzhen, mostly; which is fine. He ...

The Curious American

Wednesday, May 30th, 2007

Happily, I am in the fortunate circumstance that I love my job AND I like my customers (unlike Motorola's chief executive Ed Zander). I spent the past week with one of them, a President of a distribution center in Ohio. Steve (not his rea name) has been a client of our ...

The China That Can Say “Naah Naah Naah Naah!”

Wednesday, February 28th, 2007

Yesterday's Financial Times had an excellent commentary "China’s great wall of intransigence" by Jonathan Fenby. The upshot of the article is that a combination of Chinese leadership and entrepreneurial classes hardened by the vagaries of the Cultural Revolution supported by the success of economic reforms that have raised more individuals ...

The “Stench” of More Poor Reportage

Friday, January 19th, 2007

I was recently annoyed yet again by the American journalist Maria Bartiromo in her China comment piece for the Financial Times entitled, "Protectionism and pollution, China’s Twin Pitfalls". First of all, she used the "S" word again: Stench. Now for those of you who read my last web log about ...