China is a country that appears to be attracting increasing interest from the blogosphere and elsewhere and not without good reason. We all sense the potential lurking in this Asian giant. Depending upon one’s point of view this is either worrying or exciting or, possibly, both.
Only yesterday I took delivery of a new dining table and set of chairs and couldn’t help the raised eyebrow upon noticing the legend ‘Made in China’ stamped on the box. Jolly smart it is too.
I admit to being lured into the ranks of the China-watchers, so I tend to regard throwaway news items like this to be noteworthy:
“China has allowed its citizens to buy gold bullion for the first time since the Communist Party took power in 1949.
Shoppers queued on Thursday to look at gold bars on sale in department stores in Beijing and the southern city of Nanjing
Other moves to develop the gold market include plans for Chinas big four commercial banks to offer gold-related investment products to individual investors next year.”
How ironic that, despite the unarguable ghastliness of their ruling regime, the Chinese are constantly embracing new ideas of enterprise and weath-creation whilst the ruling elites of the West are searching for ever-more elaborate ways of suffocating both.
For us fans of capitalism, watching China is a bit like watching a child develop, from the first utterance of ‘Mamma’ to taking the stabilisers off of their bikes.
Just wait until those hormones begin to kick in!