Posted by
John Finnigan on Tuesday, July 01, 2008 11:25:48 AM
China Thinks Big
I hate to say it, but the Chinese and Indians are thinking big, just like the Americans used to.
China is on a building binge: big cities, big infrastructure, big hydroelectric projects, big industry and big finance. Capitalism is alive and well in of all places communist China. Over 150 million Chinese have entered the ranks of global middle class citizens over the last fifteen to twenty years. And, they want the good life.
For the West the implication is staggering; either get going with thinking big again or move over.