Optimism versus pessimism

Just heard that GM goes bankrupt and some of the major brands are getting sold. First is Hummer, the potential buyer comes from China. Wow, some years ago this was quite impossible, but now, well seems to be true.

What is new? For starters, the economic power of China is becoming evident, they manage to be recognized for their technological power, not only for the ability to copy things.

In his book A whole new mind, Daniel Pink explained the wind called Asia, now we see that he was right.

An old joke say that the difference between an optimist and a pessimist is that the optimist learns English and the pessimist Chinese.

One of the major entry barrier for any business in China is language, I guess all the companies that made it there are full of sad guys!

Or maybe they left the corporate pride and relied on local expertise. Good or bad I remember that Romania was in very good relation with China, I wonder what is happening now?

Namaste!