Japan and China’s development
I have heard a lot of my friends comment that they are surprised by the neck-breaking development happened in Japan after WWII, given the havoc wreaked there by the war, and they compare it to the fast marching of the Dragon economy.
They didn’t know that the single most important factor is human resources and the postbellum Japan still kept their developed human power. I say there is no comparison between the postbellum Japan and the China today, and the reason rests on the fact that due to stupid policies, the human resources part are still not well developed and that will be the bottleneck of China’s development.