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Bamboo Ceiling or Why Chinese Make Bad Managers

In his New York magazine article ‘Paper Tigers,’ the Korean-American writer Wesley Yang argues that the Asian parenting model and cultural values mean that Asians will excel in schools, and only in schools: ‘According to a recent study, Asian-

Aishwarya Gupta

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In his New York magazine article ‘Paper Tigers,’ the Korean-American writer Wesley Yang argues that the Asian parenting model and cultural values mean that Asians will excel in schools, and only in schools‘According to a recent study, Asian-­Americans represent roughly 5 percent of the population but only 0.3 percent of corporate officers, less than 1 percent of corporate board members, and around 2 percent of college presidents.’

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While many Asian-Americans attribute this ‘bamboo ceiling’ to racism, Yang argues that the same cultural attitudes and values (the unquestioning work ethic, the narrow-minded focus, and the overwhelming conservatism) that permit Asian-Americans to excel in tests also trap them into ‘middle class servility.’

Yang’s article is a battle hymn for young Asian males to smash out of the bamboo ceiling by ‘(putting) themselves into the spotlight and (making) some noise.’

But is more Asian alpha males really the answer?

In China, everyone agrees there’s a bamboo ceiling in place in multinationals, and no one’s happy about it. Importing an expatriate management staff to China increases overheads for multinationals while constraining their in-country growth. A bi-cultural work environment where expatriates are at the top also creates internal discord, language problems, and cultural misunderstanding. But despite costly and patient attempts to train and develop local management, multinationals still import expatriate managers. So why do Chinese apparently make such terrible managers?

In the land that invented the bureaucracy, management theory and practices have existed for millennia, codified in classic texts such as The Art of War and The Romance of the Three Kingdoms. That Chinese would equate management with warfare helps explain why they’re so singularly bad at it. Mao Zedong’s idealism may be long dead and buried, but his politics is alive and flourishing in Chinese offices.

Read the rest here: http://the-diplomat.com/china-power/2011/05/23/why-chinese-are-bad-managers/

Paper Tigers

What happens to all the Asian-American overachievers when the test-taking ends?

Asian-American success is typically taken to ratify the American Dream and to prove that minorities can make it in this country without handouts. Still, an undercurrent of racial panic always accompanies the consideration of Asians, and all the more so as China becomes the destination for our industrial base and the banker controlling our burgeoning debt. But if the armies of Chinese factory workers who make our fast fashion and iPads terrify us, and if the collective mass of high-­achieving Asian-American students arouse an anxiety about the laxity of American parenting, what of the Asian-American who obeyed everything his parents told him? Does this person really scare anyone?

Earlier this year, the publication of Amy Chua’s Battle Hymn of the Tiger Mother incited a collective airing out of many varieties of race-based hysteria. But absent from the millions of words written in response to the book was any serious consideration of whether Asian-Americans were in fact taking over this country.

If it is true that they are collectively dominating in elite high schools and universities, is it also true that Asian-Americans are dominating in the real world?

My strong suspicion was that this was not so, and that the reasons would not be hard to find. If we are a collective juggernaut that inspires such awe and fear, why does it seem that so many Asians are so readily perceived to be, as I myself have felt most of my life, the products of a timid culture, easily pushed around by more assertive people, and thus basically invisible?

 

Business

Thailand Approves Latest Economic Relief Package for Businesses

Some 250 billion baht (US$8 billion) was allocated for soft loans while the remaining 100 billion baht (US$3.2 billion) will go towards an ‘asset warehousing’ program whereby debtors can use their assets as loan collateral but will have the right to redeem their assets under a specific time frame.

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On March 23, 2021, Thailand’s government approved its latest economic relief package, valued at 350 billion baht (US$11.2 billion), to support businesses in the country.

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Thailand BOI approves Biotech Projects Worth 2.4 Bln Baht ($78 million)

The biotechnology sector is part of the so-called BCG model (Bio, Circular and Green economy) which the Thai government has set as a priority to lead the post-Covid 19 recovery.

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The Thailand Board of Investment (BOI) said today it has recently approved new projects in the field of advanced biotechnology, worth a combined 2.4 billion baht (around USD78 million) in investment, reflecting the increased interest of local and foreign investors in the country’s biotech sector.

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Asia-Pacific sees 3.9% growth in deal activity in February 2021

Boris Sullivan

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Chair’s Statement on the Informal ASEAN Ministerial Meeting (IAMM)

The Asia-Pacific (APAC) region saw a 3.9% month-on-month growth in deal activity (mergers & acquisitions, private equity and venture financing deals) from 1,126 deals to 1,170 deals in February 2021, according to GlobalData, a leading data and analytics company.

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