A Chinese view of governance and the financial crisis: An interview with ICBC's chairman
March 27th, 2009
17 comments
In response to Steve’ question on what is the difference between Chinese version of capitalism and American version of capitalism, I think there are many. The most important, I think, is the respective role of government, market in running / in governing the economy. Another important aspect, I think, is the goal of economic prosperity. China takes a more “holistic,” perhaps results-oriented view to economic prosperity whereas America tend to take (historically at least) a more “individualistic,” equal-opportunity point of view. Read more…
Recent Comments