Soaring China - Curriculum must reflect power shift

SIXTY-TWO years after Mao Tse-tung led the revolution that established his autocratic, brutal and hugely influential communist People’s Republic, China has become the world’s second largest economy by leapfrogging its neighbour Japan.

In the Year of the Rabbit China has shown that the communists are better capitalists than the capitalists.

This is an amazing transformation, possibly without equal anywhere in the world in modern times. China, and to a lesser degree the other BRIC countries, Brazil, India and Russia, are setting the pace in the world economy. The old world — us — can only look with a mixture of amazement, concern and some envy at soaring growth figures.