Monday, April 24, 2006

The Western world teaches the Chinese... to devastating effect

Almost two decades back, the Japanese almost demolished American manufacturing by learning the tricks of trade from Americans themselves. It seems the Chinese have taken a similar route by inviting world class American and European centers of excellence to their own country. But notably, unlike the Japanese, the Chinese are surely doing “it” much better & faster; we mean economic growth.

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Source: IIPM Editorial, 2006