U.S. Is No. 1, China Is So Yesterday
OK article, but not great.
U.S. Is No. 1, China Is So Yesterday - Bloomberg
My take away:
U.S. Is No. 1, China Is So Yesterday - Bloomberg
My take away:
- The author wrote The Myth of America’s Decline
- The author belongs to the Hoover institue
- The author mentions some of the major challenges China has such as wages have increased 19% per year and China will become old before rich.
What was not covered
- The economic challenges the US faces.
- How China has relocated entire ecosystems for manufacturing
- How China is moving up the food chain in value. It's not all about cheap labor in China, but also increased efficiency.
- China's popular view of the US
- How many see China as bigger than the US
- Many major issues in China were not mentioned, such as environmental and corruption.
Labels: china's future, US Chinese Image
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