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TOTAL LICENSING

By George Medina, Intercontinental Licensing
Surely, almost everyone has had their fill frastructure, schools, hospitals, and oil refineries. US trade representatives: Look around you!
of Chinese information contained in all Their workers, low-paid as they might be, are Neither President McCain or President Obama
the TV shows and opinion pieces from the many times wealthier than the locals. They bring will be able to change this equation readily. Af-
Olympics. prosperity and you can see them on the streets ter thinking these, our deeply troubling thoughts,
of most major cities and also in the villages. nonetheless we still spent our pre-Olympic time
The purpose of this column is to explore in Beijing simply admiring – and there was a lot
the future of China and Hong Kong and In South America: They are valued as the to admire and enjoy!
particularly the future, fate and welfare of largest importers of local produce and raw ma- We, ourselves, could see that the famous pollu-
Hong Kong. terials. They also successfully sell their attrac- tion had been battled and somewhat improved.
tive inexpensive quality goods. They collaborate We could see what indomitable determination
08 08 08 readily with local upper classes and don’t worry and 100,000 of willing and underpaid workers
These important Chinese lucky numbers put about the little bit of graft or bribery that may could accomplish in a couple of short years. We
the stamp – and the test – of world approval go on. They are not perceived as selling either could admire the hundred of interestingly de-
on Beijing, China. China arrived in the recent 20 Communism or Democracy and they don’t signed high rise offices and hotel towers. We
years as the model of economic progress, but it demand influence over the local government! could agree that super rapid progress demands
wants to have its official coming out party! They just want to build their markets – AND sacrifices from old settlers, some of whom
MAKE MONEY! had three generations or more in 500 years of
Nothing must spoil the glory of the moment! house ownership in the hutong alleys. Those
Globally, in many countries, China has replaced hutongs had to disappear leaving only a small
It would be unseemly and outright impolite the much more cautious American mega corpo- sample for the tourists. After all, the state is
for the invitees to the party to mention those rations. In much of the world, a scent of past more important than individuals and we assume
unimportant half-buried memories of the old Western imperial politics hangs on. The Chi- it must know what is best.
embarrassing “T’s – Tiananmen Square, Tibet, nese, by contrast, are seen as fellow Ex-colo-
and Taiwan. Taiwan can surely be convinced or nized people. Sadly enough, the government left only 1,500
tempted to play nice, at least for this year! China’s immense size creates 1,000,000 more hutongs where there were 7,000 and pays an
jobs per year and their exponentially expanding average of $1,000 per square foot of ground for
Everyone knows the U.S.A. is preoccupied oth- middle class demands American type standards land that is considered worth much more in the
erwise…, and makes good money in China and and luxury goods wherever they can find them. open market. With this $1,000 price, there are
so they should be glad the Chinese are not sell- American exports to China have tripled in the now over one million displaced residents that
ing all of the dollar denominated treasury notes last five years. The total Chinese exports globally can’t find replacement housing and must move
they have. The Chinese also know how to be are 1.3 trillion dollars worth of goods per year. way out to the periphery. There were even
polite! They export now in one day as much as what some luxurious villas that cannot now be re-
they exported in the complete year of 1970. placed for less than one million dollars.
It would be fitting at this time, however, par-
ticularly while writing for a business magazine Even in the USA, China invests steadily, pur- HELLO, BEIJING!
to take measure of the often not discussed, or chases real estate, hotels, businesses and other We had decided to be as local as we could. We
sometimes unnoticed economic penetration of valuable assets. China cheerfully has purchased would say “No!” to western hotel and fast food
China into the Third World during the recent one trillion dollars worth of American Trea- eateries and enjoy wonderful Beijing (northern)
five years. sury Notes and they are not sorry! China and cooking and ignore the American fascination
the USA, regardless of political differences are with plumbing! We could use the customary
Consider their presence in Africa: The Chinese locked into a symbiotic relationship. The USA hole-in-the ground and remember that our
have proven that they can plan better and work needs the money to pay for its consumerism treasured American forebears built outhouses.
harder than anyone else. When overseas they and the Chinese need the giant lucrative Ameri- We could communicate with the non English
work often 15 hours a day, 7 days a week. They can market to consume all its exports – and speaking servers by pointing at the colorful pho-
are loved and respected in all these former play- that’s how they get back the money into their tographs on the menu pages.
grounds of Western capitalism which often now surplus and then still own the loan (sort of like a
feel neglected. China, awash in export earned mortgage where your bank makes profits on the As long as we didn’t scare our translator/guide
cash, gives large no-strings-attached easy long loan and still has a claim on the asset). So, China for the week with uncomfortable questions or
term credits without making political demands and the USA are interdependent and neither comments we could share with her the all-too-
or requiring political allegiance. From north to can escape the embrace of the other. common story of the young girl who comes
south, they are everyone’s friends. They build in- from the village, one thousand kilometers far
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