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    188宝金博页面版: bringing it all back home

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    内容提示： Bringing It All Back Home How China' s returning students are a force for reform Edward Tian said good-bye to Lubbock, Tex. , his pickup truck, horseback riding, and seven years of studying broom snakeweed to return to Beijing in 1995. He took home a Texas Tech University doctorate in range management and a small Internet software company that he co-founded in Dallas. Now the company, Asia info, has $50 million in annual sales and 400 employees and is building much of China’ s Internet backbone. ...

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    Bringing It All Back Home How China' s returning students are a force for reform Edward Tian said good-bye to Lubbock, Tex. , his pickup truck, horseback riding, and seven years of studying broom snakeweed to return to Beijing in 1995. He took home a Texas Tech University doctorate in range management and a small Internet software company that he co-founded in Dallas. Now the company, Asia info, has $50 million in annual sales and 400 employees and is building much of China’ s Internet backbone. “I wanted to do something to change people’ s lives in the next five years, not the next 200 years, ” says Tian, now 35. Tens of thousands of Chinese who studied in the U. S. have the same idea. Mostly in their 30s and 40s, they are the new dynamos in China’ s fast-reforming economy. Many, like Tian, are starting entrepreneurial companies. Some are running economics departments at major Chinese schools. Others are advising banks, stock markets, and government ministries how to adapt to the global economy. The returnees come back with much more than salable skills. They have a grasp of how the outside world works that stay-at-home Chinese don’ t. Massachusetts Institute of Technology doctoral physicist Charles Zhang, 33, for example, is trying to steer Beijing away from the heavy-handed state planning used by South Korea and Japan. “The entrepreneurial, market-driven approach is what makes good technology, ” he says. Furthermore, Zhang and people like him open new private channels between the U. S. and China. His company, Internet Technologies China Inc. , is a gateway into China for U. S. and other foreign companies. Microsoft, Hewlett-Packard, Motorola, and Ericsson, for instance, all advertise on ITC’ s Web site, one of the most popular in China with 280, 000 hits per day. Even more important, outfits such as Zhang’ s are a promising new way of piping foreign investment into China. Traditionally, such inflows have been filtered through clumsy and one-sided joint ventures in which foreigners have few rights. ITC, however, was set up with $225, 000 in seed money from MIT professors, including Nicholas Negro Ponte, founding director of the MIT Media Laboratory and co-founder of Wired magazine. Zhang received $2 million more investment from Intel Corp. And other U. S. companies in March. China needs more than entrepreneurial drive, however. Rebuilding the superstructure of a modern market economy is essential. Returnees such

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