But in terms of direction--given the educational base of the kids, given the way in which they're looking to reform their society--it seems to me that over time, China will continue to be a major force.
This was the China she had wanted me to see, a land that was not merely the fantasy of an aging woman.
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Before I began the journey that ultimately took me to China, I told myself that no matter how difficult it might become, there was no turning back.
Soon after my 1991 arrival in Hong Kong, it became clear to me that China was, in fact, the growth engine that was driving the entire Asian region.
Most are in storage in California, unable to join me in China.
Yet when I travel in China, it is very apparent to me that a major part of globalization is westernization, or more specifically, Americanization.
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Much as the independent strength and potential in a country like Indonesia can be encouraging, my quest for now kept leading me back to China.
Stanford professor Michael Spence, Nobel laureate in economics, and Shaun Rein, founder and managing director of China Market Research Group (CMR), both told me that China might very well exceed Japan to become the second-largest consumer market in the world.
But outside of a recent downturn in weapons sales, the economic impact of which is tiny, it seems to me that Russia and China are not growing apart but are swiftly becoming more economically linked than at any other time in their history.
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The small amount of charity I could afford to send to China should be morally equivalent to a small amount of outsourcing, which means you should chastise me as immoral.
It seems to me as if you pick on China because you begrudge its rise.
One of the items auctioned off was a lunch with me to discuss doing business in China.
Other central bank experts tell me that emerging nations like China need to hold dollars as collateral against economic and political problems in their nations.
It makes me understand the world better, helps me to meet the best CEOs and leaders in the world and makes me understand the distance between China and the world.
We had very good interviews on our trip that help me understand how to do business in china.
Another auto executive in China shared with me statistics demonstrating why the tax breaks went to cars with engines of 1.6 liters or less.
Headed by Dr. Wang Huiyao, Vice-Chairman of the China International Economic and Cooperation Society, and under the China Ministry of Commerce, this program directly contacts accomplished U.S.-trained PhDs, many U.S. citizens, and seeks to entice them to return to China with promises of huge compensation (one person told me millions of dollars per person) and great power, including top leadership positions in Chinese universities and companies.
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Let me reiterate this point, Walmart must manufacture in China to sell goods there.
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This male student started telling me how he wanted to ask Obama about why China's higher education system is not doing as well as expected.
As one factory boss said to me last month, wages for factory workers in China are now five times higher than in Vietnam, so he's moved all his labour-intensive work out of China.
Vote for me to take longer than Paulson to Not Write The China Book Yet.
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When I used to call him, they always told me he was in China.
"He did mention to me his desire to raise the awareness of shale gas in China, " says Mr. Ershaghi.
Allow me to clarify a couple of things about this so-called China controversy which has been going on for over a year.
Yet I rarely listen to or read the opinions of people like me who are bullish on China's economy, like World Bank officials or Jim Rogers.
When we migrate to the Far East, there were for me at least some surprises, namely China and Japan.
This is one reason why China never frightens me: theirs is a society that must clamp down on speech in order to maintain control.
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I--the other guys are a little upset with me, but I cut the tour short because I'm going to China on September 2nd to adopt a child.
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