Thursday, September 08, 2011

British Strategy of Economic Growth

The Economist tells us the long agonizing city of Liverpool's strategy to attract Chinese investment. They built a museum and are holding an exposition of imperial era chinoisery. That strategy worked with the J family: we paid to see the Museum of the Beatles. Good luck with the Chinese.

3 comments:

Anonymous said...

The Chinese may buy some property in order to learn English, but not much else. Their industrial methods do not translate well to the European context. With a revaluation of the yuan there may be a mini boomlet consisting of the billionaires buying a few mistresses, it would be nothing like the Japanese expansion during the 1980s.

Ivan

J said...

It was a tongue-in-cheek comment. It is naive to promote economic growth by building an ethnic museum...

J said...

It was a tongue-in-cheek comment. It is naive to promote economic growth by building an ethnic museum...