Friday, September 24, 2010

Why the bears are wrong on China - Arthur Kroeber

arthurkArthur Kroeber Fantake via Flickr
Negative sentiments are out on China in the West again, but economic analyst Arthur Kroeber explains in the Sinica Podcastlead by Kaiser Kuo, why those bears are wrong. "China is still different."
Most of th€e bears are Western critics, who have no clue about China, Kroeber argues. It is a complex, closed system, where efficiency does not have the same value as in developed nations, he says. "The country still has enough tailwind, as it still have to move 400, 500 million people into the economy. When China can compare to any country, it would be Japan in the 1960.
Many more interesting observations in the Sinica Podcast.

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Arthur Kroeber is a speaker at the China Speakers Bureau. Do you need him at your conference? Do get in touch.
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