The Motley Fool Discussion Boards
International Investing / China Connection
|Subject: Belkin's missing link||Date: 10/29/2003 3:59 PM|
|Author: Cressida||Number: 1234 of 3433|
There is a missing link in Belkin's article.
Larry spoke to it in the impending growth, the "juggernaut" of China at work.
But it is more than that...
Western thinking is different from Eastern thinking. (In this case particularly, read Chinese thinking, please)
Western thinking is linear: cases, direct fociis. Eastern thinking is holistic: indirect, seeing Big Picture-which includes all forms of art and creativity, not only politics and interaction between governments, but includes all this as part of "seeing the essence of true vitality". Chinese (and Japanese) writing is Art, in truth.
China has known great privation for centuries; China is now huge demographically and geographically. China also thinks in terms of "long futures", not cyclical niches. China wants to be RICH, itself. (for itself and all its peoples, not as in former dynasties for only the elite.)
China will not stop for Michael Belkin; his is Western thinking. China has only tapped a little of the world's wealth and its own. The infrastructure needs alone of China - even progressing fast as it is - will take much time and will result in even faster growth. China's mineral and metal resources are surface now,(and imported for expediency) but vast resources exist to be mined (read Gold, oil, natural gas). Western China is a natural for wind power energy and all energies will continue to be critical regardless of SARS, earthquakes,or the ups and downs of other global markets.
China is as yet, metaphorically, like a small snowmass evolving into an avalanche. IMHO our (Western) job is to wake up and learn to incorporate Eastern (Chinese) thinking into our thought processes. Only then will we be able to see (and choose) correctly regarding the companies that will provide the Chinese peoples with the joyful lives that they want, over time.
These statements are from the combined representations of Chinese Senior Scholars, recently from China, now researching/lecturing in the eastern US. Xiaoliang Xin, Shen Rui, Yan Sun and others, including archiologists, architects, writers, and business marketing and designers, in the US on actual commissions.
Just wanted to share the intellectual happenings with the board....
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