President Barack Obama recently completed a three-day tour of China as part of his week-long Asia trip. He held a town hall meeting with students in Shanghai and visited the Great Wall and the Forbidden City between meetings with Chinese leadership in Beijing. What can we glean about the future of these two countries based on his visit?
Imagine, if you will, flipping through channels and coming to a rest on this: a Chinese, an Arab, and an African man are facing off in a contest of English. The next question: “A _____ by any other name would smell as sweet?” *BZZT* “Frower!” says the Chinese guy. The audience groans in disappointment. Next up: the talent portion. The African announces proudly that he will sing the classic American ballad, “Love me Tender” by Elvis Presley. Thunderous applause follows his rendition, despite being slightly off-key. The Chinese follows up with an enthusiastic, if not entirely professional, banjo ditty. Not to be outdone, the Arab launches into a comedic routine with a passable southern accent, featuring words like “varmint” and “hightail.” The camera pans to a packed audience of white faces, grinning broadly and applauding madly.
Does this show sound surreal to you? Well, frequently in the evening, that’s exactly the kind of show that’s on prime-time Chinese television—foreigners paraded on television for all to watch, showing off their skills in Chinese.
I popped out just a few minutes ago to the convenience store to get a bottle of water, and saw a convoy of tanks roll by right beside the second ring road.
About 5 months ago, I posted an article, The Loss of Soft Power, about how China’s rise in soft power would eventually meet the same problems that the United States had to deal with decades ago. Namely, that in times of duress, China would come first, and that Chinese companies would either have to back out of their riskier investments, or China would have to send in military forces.
Well, a recent Department of Defense study entitled “Military Power of the People’s Republic of China 2009” says that China does not have the capacity to send troops abroad anytime within the next decade, so China won’t be sending soldiers in to protect their investments anytime soon. Because of that, Chinese companies are starting to back out. Here are some key sentences:
China has backed away from some of its riskiest and most aggressive plans, looking for the same guarantees that Western companies have long sought for their investments: economic and political stability.
The weakness that the global supply change has displayed will surely mean changes for the world. As Thomas Friedman has argued, the world has become much flatter in the past few decades. The growing trend of pursuing a first-world living, the globalization of commerce, and the export of certain cultural icons worldwide has had startling implications. But as the global economy, for the first time in decades, begins to shrink, one wonders if this means the end of other trends as well.
I had a very frustrating conversation with a Chinese woman once. She was a bright, intelligent person, web-savvy (she was a computer programmer), and on her way to Redmond to work at Microsoft. We began talking about the news, and I may have said some disparaging things about the reliability of the Chinese media. What surprised me was the sudden vehemence of her reaction. She was quite offended by the insinuation that the Chinese media was not trustworthy, and countered by telling me that the Western media was just as biased and unreliable. “How do you know that what they say is true? So how can you say that what the Chinese media says is not true? Maybe it’s not always completely true, but the West is just as bad.”
Recently, there’s been quite a spate of articles proclaiming the death of news as we know it. Newspapers are teetering on the edge of financial insolvency, shedding staff like bad dandruff, and bemoaning the popularity of aggregation sites like The Huffington Post (or, for example, our own site). A number of suggestions have been floated to solve the problem, mostly involving making people pay for the news access that they currently get for free on the web. But will this alone be enough?
I hate Fat Kids. I simply do. Fat kids and their parents. Normally, I’m not this vitriolic. In fact, I pride myself on being an even-tempered and well-centered individual with no strong likes or dislikes. But I absolutely despise fat kids and their parents. I used to be one. I was chubby as a child, and obese as a teenager. Even now, after years of dieting and exercise, I still have a gut that troubles me. I look better now, but that doesn’t lessen my ire. I could be a little more specific: I hate spoiled fat kids. I hate spoiled fat kids whose parents indulge their every whim. I hate spoiled fat kids whose parents indulge their every whim and are proud of it. Unfortunately, despite the specific nature of my hatred, I’m in a country that is chock full of them.
Welcome to… the kimchi taco truck?
The death of the small independent Chinese firm and what it means for the way Chinese do business.