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Wednesday, December 31, 2008 at 3:49 AM
3:49AM

China growing up fast on the financial front--at least in mindset

DateWednesday, December 31, 2008 at 3:49AM

MONEY & INVESTING: "China looks to Wall Street To Lure Back Native Talent," by James T. Areddy and Carolyn Cui, Wall Street Journal, 5 December 2008.

INTERVIEW: "Be Nice To The Countries That Lend You Money," Gao Xiqing by James Fallows, Atlantic Monthly, December 2008.

China needs its market talent to come home and help it dramatically upgrade its own--and fast.

As Fallows' interview shows, China is getting smarter about its money, but the rule sets lag behind badly.

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