BW: China's Economy - Behind all the Hype

By Trader Mark
26 October 2009 @ 10:15 am EDT

An interesting story in BusinessWeek in light of some of the comments we've received by some readers on recent entries regarding China - specifically long term competitive threats and lack of innovation. I think these issues in the story are very valid but people have a very short term time frame when viewing them.  What is lacking today can change over the course of 1-3 decades; it won't change overnight.  There is a reason China demands joint ventures if you want to do business in the country... knowledge.

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