Tag Archives: China

Catch them when they are Young!- Chinese Mini MBA Professionals

National emblem of the People's Republic of China

National emblem of the People’s Republic of China (Photo credit: Wikipedia)

Imagine a six year old child studying business administration and all the tactics to keep the accounts in order. This isn’t a mere figment, the Chinese have always been known for generating human capital. The generator of human machinery has left behind all other countries by awarding mini MBA and Finance degrees to children as young as 7 years.

Now the minors will learn how to count piles of money and the mechanics of business transactions. News reports suggest that this unusual course is sparking concerns about ‘money worship’ within the Chinese society and a materialistic mindset of the future generation.

Mini-MBA for Chinese kids-page001

Moreover, the courses are very expensive and only affording parents can allow their children to avail the opportunity. This doesn’t mean that majority of the Chinese population can’t afford these courses. According to the 2013 Hurun Report, a fifth of the world’s billionaires are from China. And now, some of these rich Chinese families are sending their young children to special training programs to help them learn and understand how to manage money, Chengdu Business Daily reported. The statistical trends and the overall scenario depicts the financial apprehension pruning in China. In my opinion the concern can be categorized as a renewed anxiousness because an average Chinese student already worries too much, works a lot and worships money as a consequence. The purpose is a lot different though, they want to work for the economic needs of their country as a whole and not for their individual pockets.

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Posted by on April 11, 2013 in Random Scape


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Siachen: dispute within a dispute- China as mediator

THERE is a need to adopt a negotiated approach among the Third World countries. Pakistan has finally decided to engage in a dialogue with India over the Siachen issue.

A few would disagree with the analysis that Pakistan’s foreign policy has always been overshadowed by rivalry with its neighbour, India. Kashmir has remained a bone of contention between the strategically-important Pakistan and economically-empowered India.

Both countries are spending huge amounts of money in order to swell their defence budgets. Bilateral and multilateral diplomacy seems to be the only solution for resolving outstanding issues.

Both countries have hardly ever used bilateral or multilateral diplomacy. It is imperative to utilise regional associations for developing a symbiotic relationship between states at a regional level without undermining their sovereign status.

With regards to Pakistan and India, the South Asian Association for Regional Cooperation can be considered a good option for the purpose of ‘accommodative diplomacy’.

Undoubtedly, the association has remained a debating platform since its establishment.

It has played a pivotal role to accentuate common issues and regional interdependence among the South Asian countries.

India being the second most populous country in the world, an emerging economy and a potential market, has left its neighbours with no other option except to live with it as good as they can.

The Siachen issue is often referred to as a ‘dispute within a dispute’ and for this reason it is intertwined with various factors. It is imperative to mutually decide and allocate the defence budget, keeping in view the resources of all the South Asian countries.
All the countries should only spend the amount decided for the purpose of their defence.

Through dialogue and negotiation both Pakistan and India should withdraw their troops from what is considered the world’s highest battlefield. Being an observer state of Saarc and Pakistan’s ‘all-weather friend’, China can become a mediator between Pakistan and India for transforming Siachen into a peace park.

On the other hand, India should remain flexible and comprehend the diplomatic intricacies of the South Asian region which directly affect its development, prosperity and survival.

Originally published in Dawn newspaper on April 27, 2012.

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Posted by on May 4, 2012 in Letters


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