Author: futsanglung

Can China's spending lift the world recession?   [Copy link] 中文

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Post time 2013-6-23 09:22:10 |Display all floors
zglobal Post time: 2013-6-22 20:33
I quite agree and that is why I have been saying that China needs a big flush even though it may h ...

I agree that dead wood needs to be cut and I think that state ownership of companies rarely work. However one of the biggest problems with business in China is that employees are not encouraged to give out ideas and are often frightened of speaking out. Sometimes even the lowliest employee can have some good ideas. If Chinese businesses adapt to changing circumstances then there is no worry for the future.

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Post time 2013-6-23 09:26:15 |Display all floors
zglobal Post time: 2013-6-23 09:14
Chinese business is facing a Myriad of problems going forward.
It has reached a half way point in  ...

In some circles you are right, in others you are wrong. The same happen in the UK in the 60's and 70's with the management failing to invest in the future, that lead to business failures there as it will in China. However I believe that there is a strong enough core of good businesses for China to be able to ride it out and progress.

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Post time 2013-6-23 09:40:53 |Display all floors
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Roach Exterminator

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Post time 2013-6-23 09:49:55 |Display all floors
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Roach Exterminator

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Post time 2013-6-23 09:51:10 |Display all floors
In fact they may as well be from a different planet.

So true - UK people are from Earth, Chinese from Uranus
I'm just here for the money

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Post time 2013-6-23 09:52:25 |Display all floors
zglobal Post time: 2013-6-23 09:40
The same happened with Japan as well.

There is a very big difference between a U.K person and a C ...

I think there is much more talent out there than you give credit for, it just needs the right encouragement.

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Post time 2013-6-23 09:55:50 |Display all floors
jay_dee Post time: 2013-6-23 09:51
So true - UK people are from Earth, Chinese from Uranus

You obviously have not spent much time in the UK. I have tried to explain this but I can not say the words as it is deemed too negative by the censor machine.

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