Sometimes it is helpful for the Hidden Harmonies audience to remember that China is not alone in being demonized by the mainstream western (primarily US) media. Any country that doesn’t “fit” neatly into the US “liberal-democratic” ideological dogma will naturally be painted as some kind of morally degenerate rogue state out to undermine “good” and “normal” countries. In fact, recently, no country is more demonized than Russia (not even the PRC).
That said, one of the major problems I see is that while we may recognize that we’re not alone, due to potential language/cultural barriers, lack of awareness, our Sino-centric mindset/attention span, and a host of other possible reasons, we often do not truly understand the perspectives of others (e.g. Russians) who are demonized. This is especially the case if our primary source of information about these other countries is the western media. I hope the contributors at Hidden Harmonies can begin to fix this problem, and I’ve taken a small step to start.Continue reading Q&A with a Russian friend (see download links or attached PDF)→
In this short interview, CEO Witty of Glaxo – British multinational pharmaceutical, biologics, vaccines and consumer healthcare company – said that while Chinese government will continue to have a tension between building its domestic industry and fomenting an open competitive market in which foreign companies participates, it does a good job of making its market fair. Most importantly, Witty notes that it’s important to take a long-term view when it comes to China. Glaxo intends to embed its Chinese operations into an integral part of the company. You won’t be that successful if you just take a “tourist” of China, he said. Witty says Glaxo intends to profit as well as to innovate in China.
Ann Lee, a former investment banker and hedge fund partner, and now an adjunct professor of economics and finance at New York University, recently sat down with Allen and I for a conversation about her book, “What the U.S. Can Learn from China.” (Also in our Recommend Read section.)
She discussed some lessons and also gave us her views about the misinformation in the U.S. media on various issues of contention between the U.S. and China. For example, as an insider at Wall Street, she was able to give an illuminating rundown of the ‘currency manipulation’ charge laid against China.