Tuesday, June 10, 2008

BBC Debate

The BBC Debate on China at
http://video.google.com/videoplay?docid=-8144110037404367249&q=the+growth+of+china&ei=d0MkSL_KGYjGrQKCwvicDA

discusses the growth of China and goes into more of the limitations of growth. These include the chinese people considering profit over social responsibility, lack of democracy and effective ways to guide the growth of the whole country and provide incentives to do the right thing for the country and enviornment over the right thing for one's pocket. While the technology is available to solve problems of pollution it is hard to intergrate the technology in already existing areas due to cost and overall worth to the company (not concerning the worth to society as a whole). This video makes the growth in China to be an uphill battle. The economy and government are key problems that need to be worked through. It will have to be a combination of grassroots support and higher leadership. The proliferation of the internet I believe also contributed in the desire for democracy in China. The underlying hero in all of the world now though is technology. Every country is looking for fuel efficiency and alternatives to sapping natural resources to name two things of interest.

China's Technological Growth

On the video at:
http://video.google.com/videoplay?docid=-8150825770152681685

Pete Suttmeier discusses China's growth and handling of technology, investing and catching up with the rest of the major countries of the world with technology. Now this is more prevalent because while America now is lacking funding and cutting back largely in science development, countries like China are continuing their funding and gaining ground over the US. On top of this set back, many companies in the US are investing in China and abandoning the American industry because of low cost production and more leeway in certain areas of development. These companies are cutting between the lines and picking the best aspects of both countries. Now that China is getting more stable it is wishing to plan for the future. However is China really that stable? There are many things to consider as China grows including patents, funding allocation, long term reprocussions to long term projects (learn from the big dig china!) among other things. In the end however no one can be sure how China will handle these issues and only time will tell.