Among the topics discussed in China Fast Forward are China's emerging consumer and Internet culture, its reputation for counterfeiting, its attempts at innovation and rapid modernization, and its looming energy crisis.
Bill Dodson utilizes personal experience, first- and second-hand accounts, historical examples, and economic expertise to define not only the steps China is taking to become a true global power, but also the pitfalls and difficulties the country has faced and will continue to encounter along the way.
In China Fast Forward, Bill Dodson explains: • "Fake" is an accepted part of Chinese culture.
China has made a habit of ripping off foreign technologies for domestic use.
Chinese businesses that make foreign goods make extras and sell them as knockoffs for drastically reduced prices.
• Most people in high-up positions in technology, education, and law have either faked their résumés or are government appointees with little to no experience, or sometimes both.
• China's rapid modernization applies a quantity-over-quality approach.
Buildings, technologies, and products are slapped together and inexperience and inefficiency mean that the costs in maintenance are higher than they should be.
• The education system in China is woefully outdated, relying on 1500-year-old Confucian ideals, obedience, conformity, and rote memorization of facts and figures rather than creativity and discovery.
• China's developing Internet culture provides new, unique challenges for the central government.
On one hand, the Internet is an outlet for the people's voices to be heard in a way that the Chinese Communist Party might find threatening.
On the other hand, millions of citizens buy and sell products online and the Internet now represents billions of dollars in revenue, making censorship difficult.
• Attempts to compete with India in service industries have proven difficult for China.
Businesses that outsource services to China from Japan, Europe, and the United States have to contend with the ever-present lack of respect for intellectual property as well as Chinese workers' relatively weak experience and understanding of technology and English compared to that of India workers.
• China emerged from the global economic downturn of 2008 as the world's leader in shipbuilding, but their lack of understanding of or regard for supply-and-demand caused a crash in the price of Chinese-made ships, resulting in thousands of ships rusting away unused in shipyards.
• The national reputation of Chinese products as cheap, fake, and toxic has had a lasting effect on the attempts of Chinese companies to compete internationally.
• Rapid urbanization means rapid increase in energy needs, and China has become the world leader in energy production, coal and oil usage, and pollution, causing the world to take a long hard look at sustainability.
• Attempts to develop alternative power sources (wind, solar, hydro, and nuclear) have been met by many of the same issues that China faces elsewhere: disregard for the environment or safety, poor quality, and poor understanding of technology.
China Fast Forward is packed with information.
This book is meant for those with a very strong interest in the economic happenings in China as of the year 2013, and predictions about where China will be in the coming decades.
It includes an index and endnotes citing references, which makes it easy to find specific information quickly, but it is meant to be read cover to cover.
Bill Dodson utilizes personal experience, first- and second-hand accounts, historical examples, and economic expertise to define not only the steps China is taking to become a true global power, but also the pitfalls and difficulties the country has faced and will continue to encounter along the way.
In China Fast Forward, Bill Dodson explains: • "Fake" is an accepted part of Chinese culture.
China has made a habit of ripping off foreign technologies for domestic use.
Chinese businesses that make foreign goods make extras and sell them as knockoffs for drastically reduced prices.
• Most people in high-up positions in technology, education, and law have either faked their résumés or are government appointees with little to no experience, or sometimes both.
• China's rapid modernization applies a quantity-over-quality approach.
Buildings, technologies, and products are slapped together and inexperience and inefficiency mean that the costs in maintenance are higher than they should be.
• The education system in China is woefully outdated, relying on 1500-year-old Confucian ideals, obedience, conformity, and rote memorization of facts and figures rather than creativity and discovery.
• China's developing Internet culture provides new, unique challenges for the central government.
On one hand, the Internet is an outlet for the people's voices to be heard in a way that the Chinese Communist Party might find threatening.
On the other hand, millions of citizens buy and sell products online and the Internet now represents billions of dollars in revenue, making censorship difficult.
• Attempts to compete with India in service industries have proven difficult for China.
Businesses that outsource services to China from Japan, Europe, and the United States have to contend with the ever-present lack of respect for intellectual property as well as Chinese workers' relatively weak experience and understanding of technology and English compared to that of India workers.
• China emerged from the global economic downturn of 2008 as the world's leader in shipbuilding, but their lack of understanding of or regard for supply-and-demand caused a crash in the price of Chinese-made ships, resulting in thousands of ships rusting away unused in shipyards.
• The national reputation of Chinese products as cheap, fake, and toxic has had a lasting effect on the attempts of Chinese companies to compete internationally.
• Rapid urbanization means rapid increase in energy needs, and China has become the world leader in energy production, coal and oil usage, and pollution, causing the world to take a long hard look at sustainability.
• Attempts to develop alternative power sources (wind, solar, hydro, and nuclear) have been met by many of the same issues that China faces elsewhere: disregard for the environment or safety, poor quality, and poor understanding of technology.
China Fast Forward is packed with information.
This book is meant for those with a very strong interest in the economic happenings in China as of the year 2013, and predictions about where China will be in the coming decades.
It includes an index and endnotes citing references, which makes it easy to find specific information quickly, but it is meant to be read cover to cover.
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