In light of several recent posts we have had relating to Shaun Rein (see, e.g., this one on how to mend relations between West and China), I thought some of us might actually want to meet someone with intelligent things to say … face to face.
Here is a recent video of Shaun on CNBC sharing some his observations on current events in China. On a blog, this is as close as we can get to “face to face.”
Shaun Rein absolutely “gets” it, and it is indeed refreshing to see.
On his point about foreign multi-nationals unable to find enough new college/university graduates ready for work, I think it is really true.
I worked for a company that had a division in Shanghai. All the new employees had to go through an intensive 6-month training program to be brought up to speed. They are smart and learn incredibly fast. They simply lacked industry experience upon graduation.
This lack of experience has a lot to do with China’s economic growth (or lack of). In the U.S., we are accustomed to college/university students working in corporate America in summers to gain hands-on experience. There is also tremendous collaboration with corporations on joint research during the school year. Students with these experiences are readily employable once they are out of school.
China will also have to establish this type of environment. This link between corporations and universities will become richer as more of the Huawei’s, Baidu’s, and Lenovo’s of China surface.
China needs to put energy into establishing this type of environment.
“Shaun Rein absolutely “gets” it, and it is indeed refreshing to see.”
Na, He just has more (some) touch on the ground. IMHO his other commentaries are pretty spin-ish the other way. and lacks substance and originality.
@SilentChinese #2, when you do come across some English speaking commentators who gets China and dares to explain things about China in more insightful ways, please let us know so we can add his thoughts to our discussions.
[deleted by YinYang for spamming]
r v says
Given the history of anti-China rhetorics in the West.
I would rather think that having a few more Mr. Rein would bring more balance and objectivity.
If anyone has any thing NEW to say, (i.e. REAL analysis, not same old stale criticisms in same old styles), that would be refreshing.
Otherwise, No thanks.
Common Tater says
Yes, I think he bridged the gap between Western assumptions about China and an educated Chinese person’s insight into China very well. Guys like him can really help the West learn about China. He didn’t take any sh*t from the other participants, but he didn’t come across as a some sino-centric nationalist either- just a smart guy who knew what he was talking about.
More from Shaun Rein’s recent appearance on Bloomberg:
China’s central financial institution once again bumped up the level of cash reserves the nation’s banks must hold. The move is a try to curb Chinese inflation that is emerging as a serious threat to a global economy reliant on cheap Chinese exports. Donald Trump, who has suckered the media into believing he may run for president, has offered a solution to Chinese rising prices that involves a 25 percent tariff on Chinese imports, a suggestion that has been universally debunked by people who know something about such subjects. I found this here: China struggles to curb inflation that threatens global growth
China’s government has to do that because of all the “hot money” that is coming in considering that foreign investors no longer trust putting in money in some other countries like the US.