It's China, Stupid

Never ignore your outside competitors. That is one advise that you can give to politicians around the world. It is clear that the current balance of power is shifting and to recognise this is crucial for all the other economic powers across the globe - from the EU to US, to Japan.

Yahoo has this article on China and it identifies China as a new challenge for the US. First, they are stating that fact that IBM is selling its PC division to Lenova, but also that "China has launched a new submarine class -- one capable of carrying ballistic nuclear missiles that will be able to reach virtually any spot on the globe."

They come to the conclusion that China is it, increasingly. Southeast Asia has recognises this - and moves forward, by developing economic cooperations. Despite all criticism, that is one way to engage with the world.

I have written extensively about China - its positive aspects and its negative ones.
Companies and countries need to recognise this - being focussed internally is distracting from issues outside of your view. So, what position has China in your business plan?

(By Asia Business Consulting)