here's an interesting analysis on China from a Westerner.
funny thing he brought up the bullet train station in Guangzhou, we all know what happened to that initiative. If China can succeed in making it's processes transparent, it will rise to great heights. They are making some progress in this area, but a lot still needs to be done. Sadly, the Confucius mindset on morality and social graces seems to be on the wane in modern China looking at the milk powder fiasco, factory pollution, taxi grabbing, queue jumping, etc...
On the whole, it is interesting to hear a Westerner talk about China from a Western viewpoint and he is not afraid to acknowledge that the West knows very little about China.
For golfers out there, check out the last minute of the talk. Golf was invented in China.
It's also refreshing for once, to see a public speaker, not resorting to the rah rah tactics of motivational speakers, eg.. "stand up everyone, and say "I am a Winner!" and give the person next to you a high five."