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Sunday, January 13, 2008

Poverty in China

Good article from the NY times Lives of Poverty, Untouched by China’s Boom as well as a post on a blog on global poverty. China has done an amazing job of increasing the size of their economy and lifting so many people out of poverty. There is still a ways to go because China is a huge country. The economic disparity is one the Chinese Government is aware of, but they only have so much power. Chinese proverb to remember: "The mountains are high and the Emperor is far away"Which means basically as long as you don't cause major problems, the Chinese government is going to leave you alone. Cause problems enough to get noticed and action will be taken. An example of this was the Toy company CEO committed suicide because he got noticed after he embarrassed China, resulting in his company being shut down.



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