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.
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.
"He did mention to me his desire to raise the awareness of shale gas in China, " says Mr. Ershaghi.
One of the items auctioned off was a lunch with me to discuss doing business in China.
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.
Let me reiterate this point, Walmart must manufacture in China to sell goods there.
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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.
When I used to call him, they always told me he was in China.
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.
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.
As one Brazilian economist suggested to me, this country's rapid expansion can be explained in one word: China.
The companies that I have started in China take advantage of my strengths, and I have learned how to leverage the strengths of others around me to offset my weaknesses.
Alan Chen and David Beim, Professor of Professional Practice, Finance and Economics at Columbia Business School, asked me to teach a group of senior-level executives interested in doing business in China.
He told that me that the U.S. needs to be able to compete with India and China in terms of inspiring and nurturing more students to pursue fields in engineering, medial research, and science.
Then it dawned on me: I might have chosen one of the only tattoos guaranteed to create problems in both China and Japan.
One thing that I was relieved to discover when I reached the end of the book was that, while I certainly gained new insights into many specific issues from reading it, nothing I came across in Awakening Giants caused me to wish I could go back and alter fundamentally anything about my own brief treatment of China-India comparisons in China in the 21st Century.
This brings me to American financial culture--spending and borrowing--which is just the opposite of China's.
It would make me miserable to expect my home to not have stacks of games and puzzles on top of the china cabinet.
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