Comments on: Today’s Recent Developments in Chinese Financial Markets Session With Professor Ramezani http://calpolymbatrip.com/2007/china/todays-session-with-professor-ramezani/ The MBA Graduate Program at Cal Poly Mon, 21 May 2012 23:03:47 +0000 http://wordpress.org/?v=2.6.3 By: Chris Carr http://calpolymbatrip.com/2007/china/todays-session-with-professor-ramezani/#comment-947 Chris Carr Tue, 23 Jan 2007 18:56:32 +0000 http://calpolymbatrip.com/2007/china/todays-session-with-professor-ramezani/#comment-947 Interesting article. Thanks for sharing. Interesting article. Thanks for sharing.

]]> By: Erik http://calpolymbatrip.com/2007/china/todays-session-with-professor-ramezani/#comment-933 Erik Mon, 22 Jan 2007 17:04:52 +0000 http://calpolymbatrip.com/2007/china/todays-session-with-professor-ramezani/#comment-933 While listening to Dr. Ramezani speak about the parallels between Japan of 30 years ago and China of today and how Japan has risen above manufacture of the cheap products and is now manufacturing high-end goods, I remembered a post a saw awhile back (http://gizmodo.com/gadgets/feature/low-end-theory-the-next-china-214384.php . This short article talks about how the author's wife has noticed that lingerie production is being shifted away from China and into places such as Bangladesh and Cambodia. This is no doubt due to the fact that China's workers are becoming more skilled and more sophisticated just like Japan's workforce did 30 years ago. Thinking about the natural cycles and evolution that nations go through, I wonder when the USA is going to suffer some real hardship, or are we a society that has figured out how to break that cycle and remain a significant force in the world forever? Of course I hope we have figured it out (or will figure it out), and I think learning of other cultures (past and present) is an excellent starting point. While listening to Dr. Ramezani speak about the parallels between Japan of 30 years ago and China of today and how Japan has risen above manufacture of the cheap products and is now manufacturing high-end goods, I remembered a post a saw awhile back (http://gizmodo.com/gadgets/feature/low-end-theory-the-next-china-214384.php . This short article talks about how the author’s wife has noticed that lingerie production is being shifted away from China and into places such as Bangladesh and Cambodia. This is no doubt due to the fact that China’s workers are becoming more skilled and more sophisticated just like Japan’s workforce did 30 years ago.

Thinking about the natural cycles and evolution that nations go through, I wonder when the USA is going to suffer some real hardship, or are we a society that has figured out how to break that cycle and remain a significant force in the world forever? Of course I hope we have figured it out (or will figure it out), and I think learning of other cultures (past and present) is an excellent starting point.

]]> By: Bonnie Morse http://calpolymbatrip.com/2007/china/todays-session-with-professor-ramezani/#comment-900 Bonnie Morse Fri, 19 Jan 2007 18:10:26 +0000 http://calpolymbatrip.com/2007/china/todays-session-with-professor-ramezani/#comment-900 I think China will become increasingly developed and services that provide a better quality of life will abound. While this is a somewhat obvious projection, we need to be aware that China will not always be a source of “cheap labor.” As China grows and living standards rise, opportunities will be found in catering to these higher living standards and eliminating barriers to growth. For instance, consulting and financial planning services have large job markets in the United States. But who is to stay that there won’t be a Chinese business in 10 years looking for a consultant to improve its information systems? Who is to say there won’t be a Chinese population that needs advice in planning for retirement? China will also need consultants and engineers to solve their environmental and infrastructure problems. Part II of the PBS special “China from the Inside” discussed building a water system that will transfer water from the wet South to the dry North. This project will take 50 years and require coordination and engineering expertise. America could be the country to provide this knowledge and other consulting services as China continues to grow. I think China will become increasingly developed and services that provide a better quality of life will abound. While this is a somewhat obvious projection, we need to be aware that China will not always be a source of “cheap labor.” As China grows and living standards rise, opportunities will be found in catering to these higher living standards and eliminating barriers to growth. For instance, consulting and financial planning services have large job markets in the United States. But who is to stay that there won’t be a Chinese business in 10 years looking for a consultant to improve its information systems? Who is to say there won’t be a Chinese population that needs advice in planning for retirement? China will also need consultants and engineers to solve their environmental and infrastructure problems. Part II of the PBS special “China from the Inside” discussed building a water system that will transfer water from the wet South to the dry North. This project will take 50 years and require coordination and engineering expertise. America could be the country to provide this knowledge and other consulting services as China continues to grow.

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