As China has increasingly forged synergy to the idealism of communism with the economics of capitalism, China has become . . . the largest company in the world, albeit perhaps a not-for-profit company in their broader definition of profits and constituents.
We have admired how promising communist party leaders are trained and tested at various government and enterprise management posts. And certainly the dictatorial aspects of corporations have been powerfully retained in the enterprise that is China.
Perhaps China is like Chevron, Soc Gen, Wal-Mart, Colgate, ATT, etc. -- all combined. I wonder how long it will take before China is the sum of Apple, GE, P&G, GS, GOOG, etc.
Chinese challenge though may not be in pursuing the U.S., Japan, etc. It is likely not even their relentless need to pursue resources in Brazil, Africa, Canada . . .
It may be the "must do" countries like Korea, Taiwan, UK, and Finland that will not allow China to [for-long] bask in its wins in the U.S./E-Zone/Japan.
And the era of 5-year plans continue.
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