Changing of the Guard?

For the past twenty years people have been talking about China opening up and becoming a real world competitor. Now it looks like it is finally going to happen. Last Friday in Tokyo Craig Barrett, Intel CEO, said that China will pass Japan within two years and become Intel's largest customer in Asia. Of course a significant percentage of that increase will go to systems built for consumption in the China market. What has to be causing the Tokyo folks to toss and turn in their sleep at night is the coming wave of Chinese exports. Chinese, Hong Kong, and Singapore headhunting firms have already been reported to be recruiting the cream of the senior talent laid off recently from Japan's top players. That brain and talent drain coupled with China's entry into the WTO, and Japan's economic problems is a real witches brew about to reach the boiling point.

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- posted by tempusmaster @ 4:21 PM