I think there is no doubt that China is now more attractive. They won the most gold medals and they put on a opening and closing show that will be the standard by which all other Olympic opening and closing ceremonies will be measured. Now how much more is in doubt because with for every good thing that can be said about the way they handled themselves at the Olympics, we can point to things that they got wrong. The female gymnasts controversy, telling certain restaurants not serve black people, the lipsyncing at the opening ceremony and etc. All bad and all show that they have some serious flaws that might make them a risky investment. In the end I think the Olympics gave them a bump, but not a sizable one.
I really doesn't matter, since all of the top companies are outscoring all of the high paying jobs for less pay. America is not being america but being "the country" as we well know. It's not "Made in America" but made somewhere else.
The post-Olympics upgrade in infrastructure (fiber optic network), has certainly opened the door to increased capacities for global currency exchange. And given the already attractive climate for exports, foreign investment will likely surge in the coming decade. It will be up to China to overcome the obstacles of a limited set of trade and intellectual property regulations as well as notoriously rigid restrictions on the free information market to fully realize a more globally integrated economy.
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August 27, 2008 at 9:27am by Douglas Paul
I think there is no doubt that China is now more attractive. They won the most gold medals and they put on a opening and closing show that will be the standard by which all other Olympic opening and closing ceremonies will be measured. Now how much more is in doubt because with for every good thing that can be said about the way they handled themselves at the Olympics, we can point to things that they got wrong. The female gymnasts controversy, telling certain restaurants not serve black people, the lipsyncing at the opening ceremony and etc. All bad and all show that they have some serious flaws that might make them a risky investment. In the end I think the Olympics gave them a bump, but not a sizable one.
August 27, 2008 at 11:34am by Rene Paige
I really doesn't matter, since all of the top companies are outscoring all of the high paying jobs for less pay. America is not being america but being "the country" as we well know. It's not "Made in America" but made somewhere else.
August 27, 2008 at 1:33pm by Bailey King
The post-Olympics upgrade in infrastructure (fiber optic network), has certainly opened the door to increased capacities for global currency exchange. And given the already attractive climate for exports, foreign investment will likely surge in the coming decade. It will be up to China to overcome the obstacles of a limited set of trade and intellectual property regulations as well as notoriously rigid restrictions on the free information market to fully realize a more globally integrated economy.