When I was living in China, I had a post about sailing.
“There are three tiers of teams in the Cup,” said Wang Chao Yong, the Chinese financier who leads China Team. “Now we are in the third tier, the bottom tier. By the next Cup, I would hope we’d be in the second tier, and then the next Cup after that, tier one.”
That is the sort of rapid progress that Chinese businessmen have come to expect in this go-go era. Like many Chinese entrepreneurs, Wang is using a joint venture to accelerate the process of becoming globally competitive.
There was an ad that used to be in the London Tube:
A black man is the best golfer,
Swiss are the best sailors,
It's time for England to make wine.
That kind of reminds me of this China America Cup deal.
If China wins the America's cup... well, quite frankly, it's all over.
Sunday, April 15, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment