Monday, February 21, 2005


China Sets Goals High; Expectations Low

Read this article:

There is still a long way to go before the much-anticipated middle class becomes a mainstream, accountable group in China.
The precursor ranking of China as the world's largest consumer...
China has overtaken the US in the consumption of basic agricultural and industrial goods, a survey has found.
...was primarily determined by counting food consumption - no suprise there! - and commodities - also no surprise. Excepting oil, China needs a lot more of everything to build an infrastructure comparable to what the West has had for generations.

What catches one's eye, though, is the immediate management, the very next day, of expectations; i.e. set them low, then exceed them, if you wanna avoid a rebellion.