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Jun 05

Too Costly, Too Sloppy: China Is Passed Its Prime

At least since the turn of the century, economists and policy-makers have been convinced that China will be the economic powerhouse of the next 100 years. But now, it appears, a shift is taking place–doubts are being expressed about Chinese hegemony.

At the WWD Beauty CEO Summit this year, Alan Ennis, Revlon’s CEO, went so far as to declare that China is passed its prime in manufacturing:

Revlon CEO Alan Ennis: ‘China Is Past Its Prime’ from on FORA.tv

Academic Vivek Wadhwa says the country simply can’t innovate–it can only copy:

Vivek Wadhwa: Chinese Innovation is a ‘Giant Scam’ from on FORA.tv

In an Intelligence Squared U.S. Debate, Asia expert Ian Bremmer says the Chinese economic system isn’t efficient:

Ian Bremmer: China’s Flawed Global Economy from on FORA.tv

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