The Land of the not so Free but the home of the Prosperous
I wish I could say that I am writing this blog entry from Shenzhen, China, but when I tried I could not open my blog page. “Blocked !!”, that’s the first thought that came to mind. And then I thought, “heyyyyy, I wanted to write something positive about China, and even then I was blocked from doing it”.
Now back in HK, and feeling empowered, I am writing my own series on China, the not so forbidden land.
Taxis and Economic growth
Traveling around Shenzhen there is a distinct grayness in the sky, but if you look past the smog you can actually smell prosperity in the air. Someone once told me about a test to measure prosperity and economic growth. No, it’s not a complex model to do with the GDP or Per capita income, but something as simple as looking into taxis and seeing if they are full. I was advised, “If you find it difficult to get a cab, you should be happy, because that means the economy is doing well”. I have come to agree, because I see that in HK and I saw it in Shenzhen. It’s amazing how theories can be simplified into something that one can actually feel in practical life.
Catapulted by Capitunism
For sometime now I have been trying to coin a term for the kind of govt. that exists in China. Undoubtedly communist, yet committed capitalists, I think the best I have come up with is Capitunist. If you have any suggestions, let me know.
Capitunism is catapulting China forward and Shenzhen is a good example. Its economy is growing between 20-25% a year and has reached $35 bn. My Chinese friends tell me that this kind of development in cities is due to the govt. policy to reward mayors and the type to push for higher and higher growth. This growth then results in them being promoted sooner, even out of turn. Hmm…let me think, does this not sound like a private company - reward for results! While I was in Shenzhen I visited the largest seaport in the province, it was in a place called YanTian, literally meaning salt fields. And I was told that there were salt fields there a few years back. A board on the highway read, “This port contributes to China’s economic development”. Enterprise with Focus!
“Democracy” on Google
There was one thing I wanted to do when I went to China, type democracy into google and get blocked. I don’t know why I had that urge, but I think it’s got to do with the fact that I hail from the largest democracy on the planet, when something is taken away from you, only then do you realize the value of what you have…
…I hope we use this supposed “freedom” we have for the purpose of prosperity, because China is definitely using the supposed lack of “freedom” for sustained growth of its nation and its people.