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as a student of finance, you must know well the financial and economic situation of the world.|
it is not for me to criticise the economic system of south korean, as the same problem may be true with any system, especially, that of china, which is undergoing a change.
it is true that South Korea is still advanced in automobile, semi-conductor, electronics,
but it is also true that such a remarkable achievement is bolstered largely not by free competition, and marketing, but by the non-profitable support of the whole nation, the economic tycoons in korean, including Hyundai, have loaned heavily from the state-run banks, which under the control of the central government, invest money on the big business that can gain korea the vanity as the forth largest auto-makers in the world than on the small or medium sized enterprises which would make more profits.
what i want to say is that it is very unwise to generalise that chinese are liars as is offensive to say that Koreans are idiots