A great and famous Chinese curse says, 'may you live in interesting times ...'
So he said that China had developed a socialist economy with Chinese characteristics. He is GWYNNE DYER, eagle eyed free lance journalist. China's is one of the fastest growing economies in the world and is expected to be the largest economy in the world before very long. Such is the growth and dominance of the Chinese economy that forward thinking people are advising that we all learn mandarin if we are to participate fully in the future world economy. You may say that China is only one country, but that is because you are only looking at the over 1bn Chinese in china. The majority ethnic groups in Malaysia and Singapore are also mandarin speakers and they are the wealthier and most influential of the ethnic groups in those countries.
And now, in the biggest sign yet of the shift in tide of global power, the American government has nationalized large parts of its financial institutions in a move that has created a socialist economy with American characteristics. In a classic case of shooting yourself in the foot, George Bush removed several regulations governing the financial institutions because he is an advocate of totally free markets. As a result of the crisis that has resulted from the financial institutions hanging themselves using all that rope that he gave them, the American government is now the largest insurer in the world and that move is expected to trigger socialist interventions in most western states.
So then I commented that if it walks like a duck and talks like a duck, it probably is a duck. The American government is walking like the Chinese government; what do you say to that? And she said, 'America has finally learned some mandarin for sure'. She is Eva Maria.