Bill Gates on Chinese Workers

I'm not going to write a lengthy comment about this. Just listen to how he sees working people:

Bill Gates says China has created brand-new form of capitalism
Saturday, January 29, 2005 10:07:24 AM
http://www.afxpress.com

DAVOS, Switzerland (AFX) - Microsoft Corp founder Bill Gates said China has created a brand-new form of capitalism that benefits consumers more than anything has in the past.

"It is a brand-new form of capitalism, and as a consumer its the best thing that ever happened," Gates told an informal meeting late Friday at the World Economic Forum here.

He characterised the Chinese model in terms of "willingness to work hard and not having quite the same medical overhead or legal overhead".

Manufacturers have created "scale economies that are just phenomenal", in part owing to companies there and elsewhere on the planet designing good products, Gates said.

Looking ahead, he added: "You know they haven't run out of labor yet, the portion that can come out of the agriculture sector" was still considerable.