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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: Ilaine who wrote (79525)9/12/2011 11:46:01 AM
From: elmatador1 Recommendation  Read Replies (1) of 217820
 
Chinese are living their Industrial Revolution they have bypassed. Much what I know is not reading but working with the Chinese and talking with them.

Still to go through the stages we have already gone.
8 hours work day. 5-day work week and such. In China they are still working flat out.

I witnessed then working too much. Making mistakes. Next day they have to work hard again to correct their mistakes.

Westerners have the collective knowledge Taylorism, Fordism and all the kinds of experiments we have gone through in the past 130 years.

For the Chinese leadership, China's internationalization is dangerous because their managers and staff start discovering another world where rules are different and they may like them.

I worked, both abroad and in Brazil, with expatriates from developed countries: French, Germans, Japanese, English, Americans.

The Japanese expatriates lasted only one generation. The next generation of Japanese professionals did not come out. They were already too rich. They had better things to do and there were few of them.

Slowly the Chinese come out and are discovering the new realities.
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