Health care under the knife - Janet Carmosky

Old people's home in Shanghai

The reform of the health care is one of the core changes China is going through. Janet Carmosky summerizes her insight on the health care system for Forbes, as a preparation for an upcoming conference on the subject in June. Current price tag: USD 173 bn.

Health care reform in China has to reflect a sea change in demographics and social structure. For thousands of years, until the start of the one-child policy in 1979, the glue in China’s health care was a clan system where healthy and strong family members took care of the sick, the young, and the elderly. Increasingly, China’s workforce is made up of people without siblings. They have rising income but the responsibility of taking care of themselves, their aging parents, and a child of their own. The health care implications are numerous...
Why should American business pay attention? In general, it’s a good time for companies with experience in healthcare finance, IT and informatics; drug and device design and marketing; and healthcare facilities design, marketing, and management to look for an opening in China.

More in Forbes.

Janet Carmosky is a speaker at the China Speakers Bureau. Do you need her at your meeting or conference? Do get in touch.

Image by Fantake via Flickr

Janet Carmosky

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Value creation in US-China relationship - Janet Carmosky

Janet Carmosky

What can women contribute in the debate on leadership and value creation in the US-China relationship, Janet Carmosky, CEO of the China Business Network, asks herself in her key-note address. "We know a lot about tenacity. To challenge and to protect equally."

Janet Carmosky is a speaker at the China Speakers Bureau. Do you need her at your meeting or conference? Do get in touch.

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Is China the fairest of the world? - Janet Carmosky

Janet Carmosky by Fantake via Flickr

Janet Carmosky is in Forbes using Snow White's tale to asky why the Americans are afraid of China.

Americans are feeling, at best, insecure in asking, “Isn’t China trying to take us over ?” Granted that China, unlike Snow White, is neither innocent nor harmless, but the question is still sufficiently shallow and paranoid that whenever I’m asked, I feel like the magic mirror. Clearly, and in response to shallowness, power comes from more than a growth rate and a current account surplus – for example, a culture that inspires and a track record of working to benefit the greater good. I think people who know this ask the China question to solicit reassurance on that front.

Carmosky explain - in great detail - that China does not want, need, can or are eager to the American in, in the way the Americans fear.

Understandably, we’ve got anxiety about our waning superdominance. But the Chinese are just doing what they need to do to pull themselves into security and affluence. Part of what they need is for the USA to stay the dominant power in the world. Snow White has earned a place at the table, and shown that she’s perfectly capable of taking care of herself. What’s a Superpower To Do? Pass the salt.

More in Forbes.

Janet Carmosky is a speaker at the China Speakers Bureau. When you need her at your meeting or conference, do get in touch.

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Is there hope for Gap in China? - Janet Carmosky

Janet Carmosky via Flickr

Janet Carmosky kicks off another debate on US companies entering the China market: is US mall stalwart Gap having a chance in fashionable China, she wonders in the China Business Network.

Despite having lived in the USA for 8 years now, on any given day I am likely to be wearing something purchased on my last trip to Shanghai or Beijing. Quite frankly, the clothes in America are Really Really Boring. If I, as an American, find Gap clothes boring, what will the consumers who have grown up in a place like Shanghai think? Where’s the bling, the prints and colors, the fabrics that move, and patterns that pop?
Gap, here’s hoping your people on the ground see the markets in Shanghai and Beijing as a challenge to Gap’s design, branding, operations, and most of all, HR and organizational mettle. Because “cornerstone” sounds altogether too corporate a term to describe what will need to be an all out war for share in the world’s toughest fashion retail market.

More on Gap's hope and fear in China at the China Business Network.

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Janet Carmosky is a speaker at the China Speakers Bureau. When you need her at your meeting or conference, do get in touch.

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China is too busy to rule the world - Janet Carmosky

Janet Carmosky by Fantake via Flickr

Janet Carmosky addressed the China Business Toolbox, in September in Philadelphia and summarized why the fear of China ruling the world is misplaced. They are simply too busy, says Janet Carmosky, CEO of the China Business Network in a transcript of a video:

The Chinese don’t want to rule the world. This is very important for mindset. This is the quickest way I can summarize the right mindset. The Chinese do not want to run the world. They’re pretty darn busy already. They’re pretty darn busy just ruling China – they have fourteen countries on their borders, they’ve got internal insurrection, they’ve got environmental degradation, they’ve got income disparity, they’ve got rural poverty, they’ve got aging – Listen. They’re really, really busy.

And about the relation between Americans and the Chinese:

Yes, the Chinese do think they’re superior, but so do we! So what’s the problem? Are we really committed to this idea of a unipolar world? Because they’re not. They don’t want to rule the world. Why are we threatened by the fact that they want to continue being a powerful nation? They’ve made a huge contribution in so many ways to the world – let them have their prestige and their power. They want us to continue being prestigious and powerful. They want to be our partners.

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Why strengthening of the RMB is wrong for the US - Janet Carmosky

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China played a key role in the emotions surrounding the US midterm elections. Janet Carmosky explains in Forbes why strengthening of the Chinese currency is wrongly on the wishlist of US politicians. And why it scares her when the US is losing its economic position.

So unless Wal-Mart wants to take a patriotic hit on its mark-up margins, a strengthening of the Yuan is just going to put consumer electronics, apparel, and housewares out of reach for America’s already depressed middle class. The manufacturing jobs will move to Vietnam, the Philippines, Bangladesh, Malaysia, and other such countries with lower wage costs than China.

The US should do what it is good at, she argues:

I’ll admit that the prospect of America losing its way scares me too. But I would counter the fear and discontent with a simple message: America never can and never will out-Chinese the Chinese. China saves. America spends. China runs its economy top-down, from highly strategic single-party rule. America creates new models, believes in bottom-up genius finding its way through an obstacle course to a market shaped by human desires rather than government purchase orders.

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