terça-feira, 4 de janeiro de 2011
TEc - "A tale of two expats" Chinese in the West and Westerners in China summed up.
Interesting reading that broadly confirms China's coming of age.
That upscale Chinese expatriates - CEOs and professionals - are now found living in the West as part of China's global economic reach proves the giant strides the country has made. Though still constrained in more ways than one - as so vividly described - the flow of these Chinese expatriates will likely increase in the years ahead.
Chinese migrants have long settled in several parts of the world, not just the West. For the most part they have become vibrant business-oriented communities going about their lives.
Many others have mingled with mainstream society across the world.
Like many from other origins and regional backgrounds.
The stunning difference now is the emergence of a new breed toing and froing, very much spearheading China's economic revival.
The country's membership of the WTO signals the take-off of its exports. Still booming to this day.
China has definitely asserted itself as the world's manufacturing powerhouse.
Conversely, some of the Western expatriates there have been sent in to oversee the relocation of entire production facilities.
To then manage them at much lower cost and sell back to Western consumers at Western prices.Profit margins significantly enhanced to levels unheard of before.
The upshot is China's ever growing demand for Western goodies and trappings. And transport equipment and capital goods too from the few nations that churn them out ready for export to wherever.
This well written tale of two expats is about many more tales resulting from globalisation as has taken hold.
That upscale Chinese expatriates - CEOs and professionals - are now found living in the West as part of China's global economic reach proves the giant strides the country has made. Though still constrained in more ways than one - as so vividly described - the flow of these Chinese expatriates will likely increase in the years ahead.
Chinese migrants have long settled in several parts of the world, not just the West. For the most part they have become vibrant business-oriented communities going about their lives.
Many others have mingled with mainstream society across the world.
Like many from other origins and regional backgrounds.
The stunning difference now is the emergence of a new breed toing and froing, very much spearheading China's economic revival.
The country's membership of the WTO signals the take-off of its exports. Still booming to this day.
China has definitely asserted itself as the world's manufacturing powerhouse.
Conversely, some of the Western expatriates there have been sent in to oversee the relocation of entire production facilities.
To then manage them at much lower cost and sell back to Western consumers at Western prices.Profit margins significantly enhanced to levels unheard of before.
The upshot is China's ever growing demand for Western goodies and trappings. And transport equipment and capital goods too from the few nations that churn them out ready for export to wherever.
This well written tale of two expats is about many more tales resulting from globalisation as has taken hold.
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