The Chinese New Year in China – The Year of the Horse, 2014 has arrived here in Shanghai.

Regarding the strategies in this most powerful zodiac people might re-think the following sentence by Confucius, living in the ancient China from 551 to 479 B.C.; he said: If you know your goal, you can decide and find a peaceful life in safety. Being safe you may then think about how to improve it.

However, the alternatives are already driven by a strong growth of the Chinese economy in a bandwidth of 7 to 13 percent. Compared to other economies located in the Blue Banana Zone or in the Americas, this is salient.

Unique and outstanding reports from the East Asian economies with higher growth rates compared to those in Central Europe or in the Americas, tumbling between zero and one percent in 2013, describe best the new mega-trends towards the Far East. Furthermore, based on the facts of skills shortage or poor management of public budgeting in European countries, this can be seen now as their bill.

Let us hope that the necessary lessons will be learnt well and quickly in order to catch up with East Asian economies. These countries also have to adopt to new standards immediately, due to the reported smog reports, CCTV broadcasts in China 24 about those mega cities with heavy pollution by a steadily increasing traffic and the usage of coal for heating like: the capital Beijing, Guangzhou, Shanghai and Shenzhen or the Special Administrative Region of Hong Kong.

Update 09.02.2014 Beijing time / Shanghai 15:12