Thursday, June 07, 2012

China’s Deepening Capitalism: Mushrooming Self Development Facilities

Self help or self development books, seminars and conferences have been mushrooming over China. Capitalism has been gaining the upper hand.

Reports the BBC

Not long ago, capitalism was a dirty word in communist China - it was impossible to start your own business or think about getting rich.

But all that changed with a series of economic reforms launched three decades ago that unleashed a wave of entrepreneurial spirit.

Many Chinese people now spend much of their free time thinking, reading and learning about how to get ahead.

They turn to seminars, self-help books and novels in search of inspiration and to help them understand the rules of this new game.

One firm looking to help - and cash in - on this thirst for knowledge is Hengtaidatong Gold, which tries to persuade people to invest in this precious metal.

Every few weeks it organises glitzy gatherings for Beijing's well-heeled residents to teach them how to make money from this valuable commodity.

Read the rest here

The blooming force of entrepreneurship has also been evident by her growing influence or clout on the political sphere.

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