The Chinese are coming…
One of the deep impressions that is indelibly imprinted on my 70’s upbringing is the paranoid Cold War fear that Russian communists were coming to take over. The Russians are coming! This fear largely went away after Gorbachev’s glasnost.
However after 30 years of working in UK industry, it is striking how another of the old communist countries has been having such a profound effect on us, prompting the same thought from an economic perspective. This time it is the Chinese that are coming.
For a long time, I dismissed the Chinese when it comes to service-type industries . Yes they could manufacture cheap products, but we would never see them in heartland UK industries like construction.
It turns out that I was wrong. The Chinese aren’t just coming… they are here.
See the attached article that I wrote last month for Construction Manager, (the magazine of the Chartered Institute of Building) which was their most-read comment article in June.