Dr. John Rutledge, Chairman of Rutledge Capital, President of the Business School at the Mundell International University of Entreprenuership in Beijing, and PFF Director, looks at China:
After spending the last week in China, I can tell you that the Chinese government understands the only way to deliver high growth and increase living standards without further fouling the air and running out of energy is to focus on IT, communications, and the financial service sector. The Chinese are putting a full court press on innovation and entrepreneurship by aggressively investing in tech education and pursuing policies to attract foreign capital to relocate to China--especially such as R&D operations.
What are we doing?
He answers his own question