visited china the week before last...
have read, heard a lot about this country, but a visit is an absolute necessity to grasp the enormity of what is happening there...yes, i know. it is not a democracy, it is not a place for freedom, it is very regulated etc.
but...
it is the place where i experienced the highest speed i have ever reached on land (432 kmph, on a Maglev train to Shanghai Airport), i saw great infrastructure, and great development. The insight?
To me China resembles a company. A small group of people at the top decide what happens, and there is a sequence set in motion, where a series of incentives and disincentives ensure that people behave according to the rules. And follow the rules they do.
Whilst this may sound a bit restrictive, there is no hiding the fabulous results this has brought about for the . Am looking forward to the olympics, which, by all accounts will be a chinese showcase.
The link to Europe and India? My first thought of comparison to India was a sense of disappointment, and a comparison with Europe was like comparing sunrise and sunset... but then, i believe that this is a great opportunity for us. In my chat with the indian ambassador to china, Nirupama, she tells me that the india-china trade is growing really really fast.
Opportunity anyone, to try and do a business idea which had a triage between China, India and Europe?
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