International -- Readers Report
Don't Be Too Hard on China (int'l edition)
Just like any other people in the world, the Chinese desire democracy and prosperity ("The Chinese need capital--and condemnation," Asian Business, Apr. 17). These goals, however, cannot be achieved overnight. The process will undoubtedly be long, strenuous, and circuitous, and sometimes there will be setbacks. Despite the ups and downs endured by China over the past 20 years of reform, we have made steady and sustainable progress.
China is now in a critical period. Those people who expect to help China or her fellow workers should be realistic and positive. Although China and its government are open to critics, it is unjustifiable and unfair to exaggerate negative respects and neglect affirmative ones. Otherwise, their actions will ultimately hurt rather than help China and her people.
BeijingReturn to top
Computer Associates: Hoist by an Accounting Anomaly (int'l edition)
While I appreciate your comment that pay should reflect performance ("Executive Pay," Special Report, Apr. 17), I think that it is unfair to single out Computer Associates International Ltd. If the other companies in your survey had accounted for their generous stock options by taking a charge against earnings, then returns to shareholders would have been far lower. Computer Associates' stock grants are reflected in the books. Once your survey is adjusted for this accounting anomaly, I think you will find that the performance relation to pay will look even more egregious.
Dhruv L. Pandit
NairobiReturn to top
A Leg Up for Rural India (int'l edition)
"Why India's poor pay for private schools" (Letter from India, Apr. 17) reflects the realities of the Indian primary education system--with some gaps. India's rural poor are sending their children to private schools in increasing numbers.
This trend, however, is not likely to cause more inequities in the rural scenario than already exist. In fact, this new development will trigger a process toward more egalitarian order. It is only through private schools that rural folk can expect to catch up with the urban students.
In the world's second-most-populous country, with legions of uneducated poor, private schools are the only hope.
D. Papa Rao
HyderabadReturn to top