The Global Poverty Trap:WashPost,Oct.31,07 page A19

Gregory Clark, an economist who takes the side of culture. " China's expansion demonstrates that economic policies and institutions matter." Chinese culture of simple lifestyle and hard work have proven to enhance productivity with the free market system in evidence. Confucianism is the basic bottom line in the minds and hearts of the folks in China. It is the positive philosophy of China as the engine gaining momentum in economic growth. The future is bright and the economy shall be booming in the 21st century especially after Olympics in Beijing 2008 and Expo in Shanghai in 2010 as I would envision in my blogs in the past,at present and in the future as well. Xie Shihao aka Francis Shieh on Oct.31, 2007 at Andrews Library at 9.35 a.m.