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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Dennis O'Bell who wrote (26195)	12/16/2002 11:24:29 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hello Dennis, <<Minxin Pei, Senior Associate at the Carnegie Endowment for International Peace, is completing a book titled China's Trapped Transition: The Limits of Developmental Autocracy>> I read the article completely, and it contains nothing new for my book, because, as I had mentioned before: (a) China is forever at the precipice of disaster for the past 200-300 years (b) With many recently bashing Asian values, even though such values led to existence over a lot longer time span than a 300 year old short story (c) The so-called communist party has delivered the goods, after much trial and error, experimentation, and guesses (d) The same said party is at its strongest in its 80 year history and is about to take in new types of members, even as it is in process to cleanse itself of deadwoods and hangers-on (e) There is a camp of thinkers in the world that contends that the only viable and surely successful model of development is XYZ school of thought, or ABC brand of ideology, forgetting that, ultimately, success is all about learning, hard work, shared vision, experimentation, exercise of rationality, and making mistakes, and (f) Mr. Pei belongs to that camp, for that is how he makes his living, just as Mr Chang of China Collapse fame does. Message 18336485 (g) The tidal wave of history motivated by the energy of 1.3 billion souls cannot be so easily side-tracked by alleged palace intrigue of which Mr. Pei has no better knowledge of than the most casual of passing observers who travel to China every week. (h) Will there be hiccups and errors, mistakes and disasters, yes, of course. Will the Indian, Indonesian, Korean, Japanese route to success lead to success? Maybe. Will China fail? It might. But none of the above is likely to happen due to the obvious reasons sighted by Pei, the man bothering to spend his time on "China's Trapped Transition: The Limits of Developmental Autocracy" so far away from historical context of which he knows nothing about, instead talking about traffic fatalities as an indicator of governmental success, failing, at the simplest level, to note that the number of cars and trucks and roads and miles travelled had increased much in China from 1985 to now. Chugs, Jay