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There is always a backlash. Those kids growing up with absent parents are going to have some psychological problems and some desires in common. The US had its
by thaumaturgy 9y ago
There is always a backlash.
Those kids growing up with absent parents are going to have some psychological problems and some desires in common. The US had its "greatest generation", followed by their children, the boomers; China will not escape that cycle. Despite their cultural isolation and the Great Firewall, they will have a generation that will want to live very differently from their parents.
There's no denying China's incredible growth over the last couple of decades, but there's an excellent debate to be had about the long-term effects of that growth.
Of course, VC's aren't known for their long-term thinking.