Word: hardding
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...more creative than their counterparts from China's élite universities. But the big hump in the bell curve - the majority of the school-age population - matters a lot for the economic health of countries. Simply put, the more smart, well-educated people there are - of the sort that hard work creates - the more economies (and companies) benefit. Remember what venture capitalist Tam said about China and the electric-vehicle industry. A single, relatively new company working on developing an electric-car battery - BYD Co. - employs an astounding 10,000 engineers...
...Look After the Elderly it's hard to imagine two societies that deal with their elderly as differently as the U.S. and China. And I can vouch for that firsthand. My wife Junling is a Shanghai native, and last month for the first time we visited my father at a nursing home in the U.S. She was shaken by the experience and later told me, "You know, in China, it's a great shame to put a parent into a nursing home." In China the social contract has been straightforward for centuries: parents raise children; then the children care...
...degree, of course, three generations living under one roof has long happened in the U.S., but in the 20th century, America became a particularly mobile and rootless society. It is hard to care for one's parents when they live three time zones away...
Proudly so, because as Zhang understood, hard work today means a much better life decades from now for those who will inherit what he helped create. And if that sounds familiar to Americans - marooned, for the moment, in the deepest recession in 26 years - it should...
...downtown Mexico City is a long way from the Rio Grande. There are few American clients spending dollars in Buenavista. Mostly the johns are working and middle-class Mexicans who stop here after work and pay as little as $10 for a service. In these conditions, it could be hard to convince many of the sex workers themselves that it would benefit them to relocate to a special zone. "I have been here for 10 years. I had to work hard to get my place, and now I have my regular clients," says Monica, 35, eyeing passing...