Indeed China is going through what the US is in the '50's. An era of economic uprising. The Sputnik era was pushed to beat Russia's technological advancements. Oil was booming, the man landed on the moon, farming to industrializat ion enabled immigrants from European nations to have jobs. Life was good. America was known as the land of opportunity. Liberators of the cold war. Land of the free, home of the brave.
Americans during the baby-boomer time had better work ethics than generation x and y. They were humble and were willing to work for pennys. Just looking at my family, my lil bro PS3 like a champ, lil sister Myspace 24/7, teenage brother thinks he's too good for minimum wage, yet doesn't have a job.... Dad works two jobs and barely makes enough for mortage and food. Me? I'm the cheer leader trying to motivate a rock to rattle.
Although a little tarnished, America is still the best country I've ever seen--And I've been around. (I won't elaborate 'cause I'll go on forever).
The Chinese are hungry. They are big. Farmers move to the big cities for work. That's why most of their taxi drivers can't speak English. When we were kids, we're taught of the story of the rabbit and the turtle. You know the moral of this story already. Well now, Chinese kids are taught a different story right... The rabbit and the crab. The rabbit is the US, the crab--China. The rabbit speeds near the finish line, turns around to look for the crab. Unknown to the rabbit, the crab held on to the rabbit's tail. It let's go and sprints across the finish line. China is just this, a copycat model of the US. Everything from iPhones to drone and steath fighters follow this.
If you Google "Success" on Google trends you'll see India as the highest hit phrased of it. Things are happening there. Chinese is even bigger than India and the only reason they don't show up is 'cause they write in Chinese. You really should do business in China. I was there early this year. They saw me as a Chinese returning to the motherland and were eager to do business. And damn, all the sales chicks were flirting with me. They were pretty, especially of Mandarin decent. I stayed out of Hong Kong though--too expensive.
The auto industry co-existed with the oil industry. High gas prices, low car sales. Americans will adapt to public transpo...
How's your Mandarin? "Neee-how?" LOL