China - again. But how prepared are you?

It is China, all over again. People in the US are worried. The talk about the "China Price." China overtakes Germany economically, that is what we wrote recently.

Asia builds up a tradeblock. To stay somewhat in the race with China. But read the article. And read is again. Are you in Asia prepared to run as well? China is already pushing into some industries in certain countries, such as Indonesia. Look around you and you see that more and more products are made in China. Behind every product that you find in the supermarket shelves is another company that might struggle to create the value to survive the next business round.

Countries that don't upgrade their value of production will be left behind, quickly. Companies and countries need to improve their training, and education. May be that is a way to go. Back in July I wrote that Malaysia is branding itself - and that this is a way to stay ahead of the game. Transparency, and corporate governance is a weapon to attract investments. But individuals must participate, must run in the race. To stay in the game and be worth the money paid by their company. As the company will look for those who are able to create value as well to help them stay ahead of the power and attraction that China exterts.

(By Asia Business Consulting)