Having lived and worked in the US and China, I often tell those who are interested that the people of the two nations are more similar than they are different. However, the systems of government and, less obviously, the projection of hard and soft power differ greatly between the two countries. China is no longer content to play a… Read more →
Category: China
Will India Ever Surpass China In Emerging Markets?
China and India, two of the world’s oldest civilizations, are also two of the fastest growing. Until the year 1000 AD, China and India accounted for a quarter and a third, respectively, of all economic activity in the world. By the time the Industrial Revolution took hold in the late 19th century, however, both India and China had lost the economic… Read more →
Creating a Path to the Middle Class: Too Many College Grads in the US and China?
A deficit in jobs, or surplus in graduates, is especially troublesome for unemployed and underemployed young people that need lower levels of debt and higher salaries to make it in the new normal economy. Read more →