Customer Reviews

Charlie Rose with Ted Fisman; Ed Colligan (June 2, 2005)

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The subject is China. Fishman tells Rose about the vastness of Shanghai, the incredible dynamism and pace of the city. He talks about the rural millions deposited in its neighborhoods, about the great gaps in wealth the formally Communist country now has. He talks about the intellectual piracy which has helped accelerate the greatest leap forward. China's leaders understood that to move their society they would do well to steal from the world whatever it had discovered, patented or not.
Rose asks the right questions , about Chinese ambitions, capacities, limitations. Fishman is balanced in his presentation admits there is much only the future will answer. China is a long- term potential military rival. The whole arrangement which now prevails with China holding so much of U.S. Government debt, is worrisome. The Chinese do have great ambitions, and they have great problems. The pollution problem is impossible and with the Economy continuing to accelerate even environmental measures of the kind China should have and has not yet introduced, will not solve it. China is still growing and its population estimated minimally at 1.3 billion may truly be closer to 1.6 billion. i.e. the statistical error in estimating the population of China is equal to the three - hundred million which is the U.S.'s population.
This was a fascinating conversation and Rose would have been wise to give Fishman the whole hour, and bring in with him a number of other China experts.