Wednesday, October 27, 2010

FBC - Get Used to This Acronym

FBC refers to China, its ability to make everything and provide every service faster, better, and cheaper than any other country.  Whether the product or service originates in China, is imported from another country and copied and enhanced, China will make or provide it faster, better, and cheaper.

The acronym applies to low-tech and high-tech alike, to agricultural and industrial produce, to wholesale and retail (including financial) services, and increasingly to inflow of foreign investment.

I strongly recommend watching the following short video about China in 2030, except that I believe it will occur much faster, as early as 2020.

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