Ross Perot: why China will succeed

Posted in :

stlplace
Reading Time: < 1 minute

Ross Perot is a fun guy. He was known for founding the IT service giant EDS, sending in team to rescue EDS employee kidnapped in Iran, and his presidential bid in 1992, among other things. Here is his Wiki entry.

I found his opinion on China economy growth when I searched “Ross Perot McCain” and found this article on Newsweek. The China quote is in page 3.

“He attributes the success of China to the fact that even uneducated Chinese must learn 3,000 characters early in life, compared to the 26 letters in the English alphabet. “Their hand-eye productivity is incredible because of drawing the symbols,” Perot says, noting that most of today’s Ph.D.s in engineering are from China and India, and only a small percentage from the United States.”

While I don’t think Chinese need to learn 3,000 characters, I agree with Ross’ analogy about America and China.

Related Posts

  • Cobble Together
    April 20, 2024

    <span class="rt-reading-time" style="display: block;"><span class="rt-label rt-prefix">Reading Time: </span> <span class="rt-time">2</span> <span class="rt-label rt-postfix">minutes</span></span> cobble together per Collins Dictionary: If you say that someone has cobbled something together, you mean that they have made or produced it roughly or quickly. Or Google AI overview – “Cobble together” is an American English phrasal verb that means to produce something quickly or roughly, often without great care or effort. For example,

    Read More
  • Thinking about opening a Roth IRA
    April 14, 2024

    <span class="rt-reading-time" style="display: block;"><span class="rt-label rt-prefix">Reading Time: </span> <span class="rt-time">3</span> <span class="rt-label rt-postfix">minutes</span></span> I think I was pretty ignorant about the Roth IRA or Roth 401k until recently years. Some friends talked about Backdoor Roth IRA a few years ago. Around the same time (Sept 2021), I noticed my employer 401 k plan has a Roth option. Before that I already worked in the USA for about 21

    Read More
  • American Healthcare System III – 美国医疗系统之三: the medical bills are confusing
    April 7, 2024

    <span class="rt-reading-time" style="display: block;"><span class="rt-label rt-prefix">Reading Time: </span> <span class="rt-time">2</span> <span class="rt-label rt-postfix">minutes</span></span> I talked about American Healthcare System I 美国医疗系统之一 and American Healthcare System II 美国医疗系统之二。Recently due to my older daughter’s ankle injury, I learned a bit more about the medical bills. We had two visits at Shriner’s hospital near the BJC at central west end: the initial encounter (encounter as in medical billing) and the followup

    Read More
  • The allies or partners America abandoned over the years
    March 31, 2024

    <span class="rt-reading-time" style="display: block;"><span class="rt-label rt-prefix">Reading Time: </span> <span class="rt-time">3</span> <span class="rt-label rt-postfix">minutes</span></span> Not intend to be a political topic. At least I am not interested in starting a debate around politics. In reverse chronicle order. Please navigate away or close the tab as you see fit. Ukraine: don’t know. The congress may or may not pass the new aid bill. Right now it’s stuck in the house

    Read More
%d bloggers like this: