China’s winning formula: MIN (human rights, wealth) and MAX (education, discipline)

Both Sarah Lacy and the New York Times covered the story of Apple iPhone manufacturing in China. The short of it is simple: companies don’t go to China because of cost anymore, but rather because a Chinese company provides better flexibility and higher quality than an American one. The days of cheap plastic chairs manufacturing in China are over- they outsource it to Vietnam now… Today’s China makes the most sophisticated devices in the world.

But why China wins? I believe that China is winning because it got to an optimum between education, wealth, human rights and discipline. It seems like the formula to a national success is MIN (human rights, wealth) and MAX (education, discipline).  Continue reading “China’s winning formula: MIN (human rights, wealth) and MAX (education, discipline)”

China’s winning formula: MIN (human rights, wealth) and MAX (education, discipline)