I was in Shanghai for a week in September. In short, China is like a young person starting his business/job and willing to put long hours, being creative, imaginative, resourceful and frugal to build an emipre out of his small business. Compare that to USA which is a big, fat, lazy, unimaginative, stuck with too much regulatory processes, corporate like GM or maybe Microsoft to some extent.
In China, I saw engineers bringing sleeping bags to work and working almost 14 hours. From your hotel waiter to the child selling you fake Omega watches on the street to the executive you work with, its all about making money and more money all the time (maybe a turnoff for tourists as you will see everyone trying to ripp money off you in cities). Its a race out there to increase your standard of living and they are working full throttle. They are a communist country but they are probably better capitalists than the US. The lack of belief in God + materialism has a nice combination with eastern traditional values.
China’s biggest problems are poverty, its huge export oriented growth, lack of social programs by govt and mostrous environmental issues.
