China’s Comeuppance

After years of reading articles in magazines like Business Week and others about China’s counterfeiting, it was with amusement that I read an article today that starts out like this:

The five-volume “Executive Ability” book series is a classic in Chinese business and management circles. Collectively, it has sold more than 2 million copies in the last two years. Top universities and public libraries in China keep multiple copies on hand.  It’s also a big fake.

You can read today’s article in the LA Times yourself here.

So this country that is knocking off everything they can (Windows OS, furniture, cars, pharmaceuticals and more) is now relying on fake business advice.

Serves ’em right.