Re: china question again

[Doug Henwood <dhenwood@xxxxxxxxx>]

michael perelman wrote:

> I have asked this quesiton several times before, always receiving
> excellent answers. So here is the NY Times saying that China will be
> moving up the value chain to compete with the more advanced economies.
> How feasable will that be?

I was surprised to hear Elizabeth Economy, the CFR's China expert,
say <http://www.leftbusinessobserver.com/Radio.html#060413> that
they're going to have a hard time doing this - their workforce just
isn't skilled enough. She says that only a fraction of their
engineers are up to world standards.

Doug