China has been the cynosure of all eyes since years. The hype gets accentuated with Alibaba's proposed IPO.
A first hand peek into the Chinese economy over the past 2 wks gave us startling insights into the economy
The following excerpt from this book (attached the link) showcases the dichotomy in views between the West and Chinese entrepreneurs
At one sinus-punishing factory, I stood at the gates with the boss.Some distance behind us, workers were dipping stainless steel tubes into a chemical bath. It was a nickel-plating process. I could actually taste the metal in my mouth, and my nose involuntarily wrinkled. “Hao chou,” I said. “What a stink.” As soon as the words left my mouth, I regretted making the comment, though I half expected the factory boss would agree.
He tossed away his cigarette and turned in my direction. “You foreigners,” he said. “You come to China and complain about the pollution, but I don’t know why.” He then gestured at the blurred landscape around us. “To me, this place smells like money.”
- Paul Midler: Poorly Made in China
He tossed away his cigarette and turned in my direction. “You foreigners,” he said. “You come to China and complain about the pollution, but I don’t know why.” He then gestured at the blurred landscape around us. “To me, this place smells like money.”
- Paul Midler: Poorly Made in China
