As China continues to gain strength and to use its growing economic resources to gain allies in Africa, Southeast Asia, South America and Europe, it will be imperative for American leaders to learn how to look at issues not only from the U.S. point of view, but also from the point of view of China.
They will also improve technologically and from a quality point of view, and the large supply of capital now available in China ensures that they will be well funded.
The Council commissioned researchers at Ipsos Mori to ask thousands of adults in 11 key overseas economies including the USA, Brazil, China and India for their view of Britain following the major national and international events of 2012.
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It has long been my view that China is a nation of small business people, farmers and engineers.
Such an outlook also tends to accentuate a China-centric view of the world.
The trick, though, is to find the proper angle from which to view the debt of such issuers as China Development Bank, Gazprom, Hyundai Motor, Petroleos de Venezuela, and Telefonos Mexico.
But few places in the world embraced Art Deco with the fervor of Shanghai, a city obsessed with fashion and fixated on being up-to-date -- in part because of the view, prevalent in China at the time, that only by modernizing could the country regain its strength and stand up to Western imperialism and a militant Japan.
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And while most China investors are far from overly bullish on China, nor subscribe to any saintly view of its economic management, the prevailing consensus among portfolio managers who continue to put money to work in China is this: China may be down, but it is not out.
Despite a slow down in the overall economic growth rates of China, in my view, worldwide demographic trends related to population growth will continue to place supply pressures on several commodity types with supply capacity issues, notably agriculture and energy based commodities, while periods of market volatility will likely result in continued investor appetites for precious metals.
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From this point of view, we shall also cooperate with China, which is an important partner.
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Family ties that can be a liability in his native China gave Guan an unusually quirky view of life.
Both sides are of the view that it is imperative to handle China- U.S. relations and properly address our differences in accordance with the principles of mutual respect, noninterference in each other's internal affairs, equality and mutual benefit, and seeking common ground while putting aside differences.
All of this sounds good, but investors also view this as China needing stimulus to grow.
In a recent note to clients, Stephen Roach, an economist with Morgan Stanley Dean Witter, reiterated his view that China, not Japan, will be the engine of Asian growth in this century.
The parting of ways between Europe and China came, in his view, not with the Renaissance or the Enlightenment but with the industrial revolution.
"The view of many Chinese, including the media, is that they want China to be tougher, especially in the face of provocation, " she said.
The Committee on Foreign Investment in the United States recently approved the sale of Complete Genomics, based in Mountain View, California to China-based BGI (formerly known as the Beijing Genomics Institute).
Helen Fung, managing consultant of recruiting company SHL Group Ltd China, shared the same view.
Ignoring China, or even just making decisions based on a view of the world that steadily grows more and more out-dated, is no longer an option.
"People in China have this view that they do all the hard work of manufacturing, and the margin gets taken by the people with the brands, " says Chao.
Recent reports from three lobbies for foreign businesses, the American Chamber of Commerce in Shanghai, the European Chamber of Commerce in China and the US-China Business Council, bear out this gloomy view.
One of my early insights was that China would soon become one of the largest automotive markets in the world, a view that would lead to the founding of ASIMCO Technologies in early 1994.
The thorniest question is whether the rise of China and other emerging-markets is affecting wages in the U.S. The textbook view is that trade hurts some workers and helps others and on balance is a net plus.
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