Posted to Monash Weekly (25/4/2011) on 26/4/2011 at 1:35 PM (Not published)
Resubmited Part 2 of 3 on 15/10/2011 9:23 PM
Commenting on “China's economy about to overtake US”
http://www.monashweekly.com.au/news/world/world/general/chinas-economy-about-to-overtake-us/2143313.aspx
Good on China. This is a great example for many countries to follow! Unfortunately, far too many countries adopt the NATO’s motto - Talk Only No Action!
With a population of 1.3 billion people to support and yet can win the economic race is definitely a modern day fairy tale. Australia has only 23 million people, but keeps whinging about the size of the population – this is just laughable!
While Australia still needs to resolve the NBN rollout, China has already built the highest rail track in the world linking Beijing to Tibet, the fastest bullet train, a modern international airport bigger than London’s Heathrow Airport, thousands of wind turbines, booming automotive industry building electric cars, rockets to send satellites and astronauts to outer space, and the most awesome one is that China is the factory of the world now!
End Part 1 of 3
Is there anything China cannot excel in? China is progressing at lightning speed – thanks to technology transfer, it is rather unstoppable. What is more concerning is that China will soon be the office of the world. With the unprecedented speed of technological advancement, a modern office is no longer an enclosed space with fixed locality - staff can be situated in other parts of the world, and documents filed and backed up in computer servers remote from the source.
Can you imagine the benefit of outsourcing office services to overseas companies? Just compare that with buying goods online from other countries – there is no GST if the value is under $1,000. Outsourcing office work saves on payroll tax, compulsory superannuation guaranteed contribution, office expenses, union interference, etc. What is going to happen to employment?
End Part 2 of 3
2009-2010 $19.1 billion international education industry has become the thing of the past. Australian government move to change the visa and permanent residency policies have led to a drastic decline in international students coming to study in Australia, causing a financial blackhole in our economy. This subject has not been raised openly and treated urgently by both political parties.
With economy of scale and determination, China can train more people in China per week than probably all the Australian learners / trainees trained in one year. It is just a matter of a decade or so, professional trainers in China will lose their accent, and international students from all over the world will be pursuing their qualifications in China. After being an educator / trainer in the industry for about 15 years, I can only say that future learners will probably get higher quality training in China than Australia, and at fraction of the cost.
After all that being said and written, are there no negatives about China especially the way she deals with human rights and social justice? I can only say it is a matter of opinion, and this is not relevant to the subject in discussion.
End Part 3 of 3
Resubmited Part 2 of 3 on 15/10/2011 9:23 PM
Commenting on “China's economy about to overtake US”
http://www.monashweekly.com.au/news/world/world/general/chinas-economy-about-to-overtake-us/2143313.aspx
Good on China. This is a great example for many countries to follow! Unfortunately, far too many countries adopt the NATO’s motto - Talk Only No Action!
With a population of 1.3 billion people to support and yet can win the economic race is definitely a modern day fairy tale. Australia has only 23 million people, but keeps whinging about the size of the population – this is just laughable!
While Australia still needs to resolve the NBN rollout, China has already built the highest rail track in the world linking Beijing to Tibet, the fastest bullet train, a modern international airport bigger than London’s Heathrow Airport, thousands of wind turbines, booming automotive industry building electric cars, rockets to send satellites and astronauts to outer space, and the most awesome one is that China is the factory of the world now!
End Part 1 of 3
Is there anything China cannot excel in? China is progressing at lightning speed – thanks to technology transfer, it is rather unstoppable. What is more concerning is that China will soon be the office of the world. With the unprecedented speed of technological advancement, a modern office is no longer an enclosed space with fixed locality - staff can be situated in other parts of the world, and documents filed and backed up in computer servers remote from the source.
Can you imagine the benefit of outsourcing office services to overseas companies? Just compare that with buying goods online from other countries – there is no GST if the value is under $1,000. Outsourcing office work saves on payroll tax, compulsory superannuation guaranteed contribution, office expenses, union interference, etc. What is going to happen to employment?
End Part 2 of 3
2009-2010 $19.1 billion international education industry has become the thing of the past. Australian government move to change the visa and permanent residency policies have led to a drastic decline in international students coming to study in Australia, causing a financial blackhole in our economy. This subject has not been raised openly and treated urgently by both political parties.
With economy of scale and determination, China can train more people in China per week than probably all the Australian learners / trainees trained in one year. It is just a matter of a decade or so, professional trainers in China will lose their accent, and international students from all over the world will be pursuing their qualifications in China. After being an educator / trainer in the industry for about 15 years, I can only say that future learners will probably get higher quality training in China than Australia, and at fraction of the cost.
After all that being said and written, are there no negatives about China especially the way she deals with human rights and social justice? I can only say it is a matter of opinion, and this is not relevant to the subject in discussion.
End Part 3 of 3
