Products made in China, from pool ladders to air pumps to toys, are being recalled. These blunders will set it back on the road from poverty to prosperity.
The world really doesn't understand that the US economy is built on transparency and honesty. Even some Americans don't realize that wealth is created when a customer is served, not poisoned, killed or maimed after their money is extracted from them.
It is possible that some of the Chinese mistakes were truly mistakes but some of the problems are caused by cutting corners to bulk up the bottom line. This never works over the long haul and the time-tested small businesses that we study prove this point over and over again.
The Chinese would be smart to study the writings of theologian and writer, Michael Novak, as he explains how this country has become the super economic power that it is.
You can learn from Mr. Novak at Small Business School (link goes to his key idea - streaming video).
