China using education to compete globally
January 18, 2013

China is investing $250 billion-a-year on human capital in attempt to educate a larger segment of their population. They are hoping to arm more high school graduates with college degrees to face the global economy with an edge.
Students won't just be graduating with degrees in engineering and business, however. Chinese universities encourage students in educate themselves in western culture. Many students spend their free time watching hit American TV shows like "Vampire Diaries" and "America's Next Top Model."
Why the obsession with American pop-culture? Surely it's the thrilling plotlines popular dramas and those oh-so-catchy fashion trends, right?
Eh, maybe. But more importantly it teaches Chinese students about American culture and English language. A mastery of both is just as handy as an economics degree when taking on the global economy.
China's education plan is already transforming the landscape of Chinese culture and economy. In fact, many of the steps they are taking bear a striking resemblance to the unprecedented growth of the U.S. throughout the 20th century. The only difference? China is doing it much, much faster.
Should be threatened by China's growth?
Do you think China will surpass the U.S. economically in the near future?
How do you think the U.S. should react to the changing economic and cultural landscape of China?
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