Monday, December 3, 2012
Doctor: CHINA LEADS U.S. in DRUG development
My significant other went to her eye doctor today. As they chatted she told him about our recent experience in China. He said: "I want to see China. They are now leading us in drug development!"
True. They are doing what Americans used to do - build great things. Make great investments to keep us ahead.
If you want to see where China has come from, check out what it looked like when I first saw it in 1982 as a young Fortune 500 attorney negotiating pollution control technology with the Chinese government. Then I will show you the unbeleivable changes since then - dramatic architecturec, huge investments in education and infrastructure, high speed transportation, space, etc.
From being behind America, they now lead in many ways - mostly because our country has failed to invest. We have become complacent - and spent far too much on war machines that don't generate income and too little on the civilian technology that do - and keep us leading the world.
China has a worldwide strategy to buy rare metals worldwide. We have no national strategy period.
For a journey back into time of a China that no longer exists, check out "Better Times Ahead: April Fool?"
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