Sunday, October 31, 2010

The amazing Chinese growth story you've heard nothing about

By Doug Hornig, Editor, Casey’s Extraordinary Technology:

Developing nations are playing technological leapfrog.

In the developed world, when we think of technology, the roots of much of what we do today were born decades, or even a century, ago. While the evolution has been fast paced, the progression from there through today is a straight line from the technologies that preceded them. A television program is still a television program. A phone call is still a phone call. The devices might look different and certainly do more, but the lineage is obvious.

But what happens when your starting point isn’t the invention of the phone or the first personal desktop computer? What happens when you start from today?

In many parts of the world, most of the people still have never had a telephone conversation...

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More on China:

A Chinese state newspaper just guaranteed gold will go higher

Frank Curzio: This tiny stock could solve China's biggest problem

Another essential commodity is set to surge on exploding Chinese demand


View the original article here

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