I just spent two weeks in China visiting with families and friends. Mom and Dad took a trip with us to Hangzhou, Shaoxing and Thousand Islands. They are going strong.
The country is going strong as well. In Suzhou, the new subway connects east and west from the Industrial Park to the New Park through the heart of the old city. For a city with more than 2,500 years of recorded history, this sure is a milestone. Shanghai remains as one of the best connected cities I have visited. The transit at Hongchao connects airline, high speed train and subways, running as efficient as Amsterdam, Frankfurt or any other global hubs today. In Nanjing, construction cranes have disappeared from the skyline, and replaced are blue sky which were invisible in the last twenty years.
I also had opportunities to meet several friends who have returned from America to pursue their China Dream. Everyone of them were upbeat, and excited about new opportunities in the marketplace and in their careers. In healthcare, “the needs are so vast, you could almost work on anything and be successful!”, marveled by one, who is in venture investing. What most needed are talents. What a contrast with the medical device field in the US today.
The dissatisfactions were from friends never left the country. It is very difficult to conduct business without falling into the “gray zone”, where rules of law may not apply. The recent GSK scandal illustrated exactly the dilemma faced by virtually every business in China, multinational or local. This seems to me a classic example of the Game Theory. In a very competitive environment, if you follow the rules when your competitors do not, you are guaranteed to lose. When the law is not strictly enforced, everyone will be cheating. In China today, law enforcement is where power, interests and corruption convolute. The entire country seems to be screaming for the rules of law.
The future of China, a bright future of China, will come from institutions that can establish, monitor and enforce the rules of law, which is the fundamental pillar of a democratic society. An early and an easy step is to establish the freedom of press. Microblogs and WeChat are making a difference already today. This will be a small step that will not destroy the stability of the country today, but free press will be a big step towards reducing corruption, a focal point for future concern. A next step is to seek independence of the judiciary system. The rules of law must be above anyone and any party. There is no replacement for the Chinese Community Party today. Many one party systems and countries have done well in the eastern culture. Having an independent judiciary system will help maintain the stability of the country, and lead to a better transition from an authoritarian state to a democratic state.