Tuesday, September 30, 2008

China's Progression Toward Capitalism

When people think about China, people think communism. People think about the government limiting opportunities for people. And before I traveled to China for the first time, I thought the same. To my surprise, from what I experienced, it's far from that.

The Chinese people and government are quickly catching on to the ability to make money off of just about anything. Ninety percent of the historical places I visited charged an admission that was a decent amount for Chinese people. People are renting bikes for tourists to ride around the city. People are manning newspaper stands to sell noodles, Gatorade and cigarettes.

I think what I experienced was a country that is becoming more and more Western. The Western influence as it relates to business operations is very visible. For some people in the Western part of the world, that's scary. Some experts have talked about China becoming a superpower in the capitalism realm. With the progress I witnessed in a country many people thought would be far from Western for a long time, I wouldn't be surprised if it was a dominant player in the world of capitalism in the next 50 years.

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