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by bsder
2375 days ago
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> One area where China clearly has an advantage is massive investment in time and budget and respect for education and scholarship that pervades its culture, from individual, family, friends, up to the highest level of society. My experience is that Chinese have a respect for the record that claims you are educated. Actual education or achievement is irrelevant. My favorite example of this is a Chinese friend who cashed out of a startup for $22 million but is still a failure because he didn't get a college degree. |
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In such a consumerist society as the Chinese, I doubt many average Chinese consider someone with $22 million "a failure".
That could be some academically educated relatives and friends considering him a failure, sure.
But then again that could (and has been) the case in families with heavy academic backgrounds in the US too, where the doctors / university professors / etc for a couple generations parents look down upon the mere "entrepreneur" kid.