Many companies in the developing world, not least China, are desperate to hire more MBAs in order to improve their traditionally slapdash approach to management.

ECONOMIST: Schumpeter

As, indeed, have central banks almost everywhere in Asia, not least China's.

ECONOMIST: Buttonwood: Dollar dilemma | The

Lincoln in China, at least not initially.

FORBES: Lincoln Joins Luxury Car Sweepstakes In China

Certainly it would be an exciting new chapter in the smartphone wars, but at least one report suggests stepped up competition in the China market not going to unfold just yet.

FORBES: Waiting for Apple's China Play

There is at least one another respect in which China is not a typical rising power: it considers itself a returning power.

FORBES: China May Not Be A U.S. Ally, But It's Also Not An Adversary

China pace of growth has slowed in recent times, not least due to a decline in demand for its exports from key markets.

BBC: A worker at a factory in China

The cost of materials has risen steeply, not least because America must compete with countries (such as China) that are investing heavily in infrastructure.

ECONOMIST: America's creaking infrastructure

Manufacturing in China should help GM bring down the cost of its cars, not least because Beijing imposes a steep duty imports of luxury vehicles.

BBC: GM gets China approval for Cadillac plant

Frankly, I have seen management in a service business in China by Chinese companies, and I do not think foreign players, least of all those from Japan, can compete.

FORBES: Tokyo-Mitsubishi UFJ Dreams of a HNWI Business in China

The government alleged that Pep Boys, along with motorcycle maker Baja, had imported and sold at least 241, 000 motorcycles, recreational vehicles and generators manufactured in China that were not in compliance with environmental requirements.

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