All the money in the world (most of it from America, no doubt) can't buy you an education. It also can't buy you a properly functioning government or legal system. Therein lies the root of a great many problems in China (not to mention other countries - America, are you listening?). First, education is being exploited for profit - and at the cost of the futures of every student...who will later be leaders of the country. Not wise... Second, those in power will not fix corruption as long as the people are not wise enough to notice and react to it...and they are profiting wildly from it. Economics is either managed wisely or it is destroyed...and I think we will probably be seeing the fastest rags to riches back to rags story in history, as a result of this. I hope I am wrong, as I've spent the last decade in China, trying to help them develop. Anyone who knows anything about economics should know that, if 40% of the world is Chinese and they have a broken economy, everyone on the planet is going to suffer. I suppose, however, that the (younger) Chinese people, themselves, may not know what it is like to suffer anymore and - for those who remember (the older ones) - maybe they are blinded by new profit and opportunity. I hope they don't forget where they came from...or they may end up there once again. I suppose time (and the intelligence level of the Chinese people) will determine that...

All the money in the world (most of it from America, no doubt) can't buy you an education. It also can't buy you a properly functioning government or legal system. Therein lies the root of a great many problems in China (not to mention other countries - America, are you listening?). First, education is being exploited for profit - and at the cost of the futures of every student...who will later be leaders of the country. Not wise... Second, those in power will not fix corruption as long as the people are not wise enough to notice and react to it...and they are profiting wildly from it. Economics is either managed wisely or it is destroyed...and I think we will probably be seeing the fastest rags to riches back to rags story in history, as a result of this. I hope I am wrong, as I've spent the last decade in China, trying to help them develop. Anyone who knows anything about economics should know that, if 40% of the world is Chinese and they have a broken economy, everyone on the planet is going to suffer. I suppose, however, that the (younger) Chinese people, themselves, may not know what it is like to suffer anymore and - for those who remember (the older ones) - maybe they are blinded by new profit and opportunity. I hope they don't forget where they came from...or they may end up there once again. I suppose time (and the intelligence level of the Chinese people) will determine that... - There's no denying China's place among the topmost world powers—that being said, there's also a steadily growing property bubble that's just about ready to burst. There's no greater testament to this over-supply and over-valuation than the intricately detailed, horrifically sad ghost towns modelled…