Saturday, May 01, 2010

Chinese credibility

There is obviously no doubt that China has become the locomotive of world's economic growth. Its huge population and economic infrastructure guarantee its continued dominance in the foreseeable future. However the country seems to be failing miserably on the ethical front. This lapse may prove to be China's undoing in the long run.

Google belatedly took umbrage at Chinese government's alleged connivance with the hackers and also baulked at government - sponsored censorship. Indian government has blacklisted the Chinese telecom equipment manufacturers suspecting embedded spyware. Unethical conduct stifles economic progress. Modern economy and antediluvian ethical paradigm cannot co-exist. Ethical deficit will impoverish the economy sooner or later.

It will be unfortunate if the potential of the most populous economy is thwarted and therefore fails to bloom fully on account of the government's unwillingness to subscribe to universally accepted ethical system. The major loser in the bargain will be China itself.

1 comment:

Anonymous said...

It is also noted that fertilisers imported from China by Sri Lanka contain toxic residues which create renal problems in human beings. A few years back, Chinese toys imported by the US were vitiated by poisonous contents. All these happenings suggest that the Chinese are aiming at short-term success which is probably at the cost of enduring reputation.