Saturday, November 13, 2010

China Goes Shopping

Switch gears from all of the negative G-20 Summit coverage and check out the feature China Buys up the World  in the latest edition of The Economist.  

The articles reinforce the sway China and her cash enjoy around the world, but also highlight the realities of the PRC's state capitalism model and the rubber stamping culture at the executive ranks of many major companies.  Just don't accept this as status quo: 

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