The dragon’s teeth

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  • China's population is larger as that of the whole of Europe AND the whole of North America AND the whole of Russia AND the whole of Oceania AND South Korea combined.

    And it will, in the not so distant future, have an economy as large as all of those regions combined.

    The impact of China on the legal profession hasn't even begun.

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  • Anon, I had you until you suggested China would "have an economy as large as all of those regions combined".

    China will be a sclerotic nation of geriatrics wondering where it all went wrong, long before its economy surpasses Europe and America combined.

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  • @ Anon | 10-May-2012 10:11 am - The US and Europe are ageing too, and the population of some European countries (Russia, Italy, Germany) has already peaked or is declining.
    China also has the benefit of a far more homogenous population, it has not been fragmented by mass immigration, and it wont be. The Chinese also have a very high average IQ, second only to the Koreans and Japanese.

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  • Not sure about this China hype. There is a huge gap between the poor and rich. China is not known for product quality and high employment standards. The country is not known for peace and unity.

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  • @ Ronald
    >There is a huge gap between the poor and rich.
    Because it is at still at an early stage of industrial development and devlepment is uneven across the country.
    Fully developed S.E. Asian countries like Taiwan, Japan and South Korea are more equal than Europe or North America. China will be too. Also don't forget China is a Communist country. Far more govenment action will be take to make society more equal once the country has caught up with the West economically.

    > China is not known for product quality and high employment standards.

    Neither was Japan once. These are rapidly improving. Chinese companies like Huawei, Lenovo, Sany, ZTE, Goldwind and Gree Haier are moving up the value chain at rapid speed and many are already world leaders.

    > The country is not known for peace and unity

    How often has China invaded other countries? China has a population larger than the whole of Europe. Please compare the number of people killed in wars/civil wars between the two over the past 200 years.

    China is actually remarkably peaceful and unified considering its vast population.

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  • I am a lawyer based in Japan and working around Asia and although China is bound to have some effect on the international legal landscape I question how big it will be.

    The British Empire has had a profound lasting effect on the way the world operates. When a Japanese does business outside Japan there is a 99% chance they will use English even if in Asia an effect of the Empire. However, it is not just the words that are English the ways things are done are also more English than Japanese.

    The chinese when doing business will find it very hard to change the system, they will to some degree, but chances are they will be speaking English. This is a huge advantage to the established firms who already know the system.

    Japanese lawyers do almost no work overseas I can see the Chinese lawyers already taking a far more proactive approach in following their companies out into the world but I think it is hard to tell whether Chinese law firms will ever dominate in the way the British and Americans have.

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