Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (36427)	7/23/2003 10:53:36 PM
From: BubbaFred	Read Replies (1) of 74559

Yiwu - Thanks for the excellent posts these last two days. It looks like China is becoming a huge consumer market but they are also the lowest cost manufacturer, and becoming leader in many scientific fields as well. If I am mistaken, the education system is quite rigorous in math and science: algebra and geometry by 7th and 8th grade, calculus by 10th grade, mechanics and dynamics by 12th grade. When they graduated from high school, they have taken the equivalent of two or three semesters of American university math and science. That's the same way in Australia and Europe. No wonder US tech companies are moving their R&D program there.

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