Moving up the global value chain is impossible without a dramatic overhaul of its current education system.

FORBES: China's Achilles Heel: Education System

Unfortunately, the global industrial value chain is already extracting more resources than nature produces each year.

FORBES: Sustainable Consumption Rising on the Business Agenda

They know all the technology business models, understand the value chain and have an extremely strong global network of contacts.

FORBES: Michael Dell Says Buyout Is 'Exciting New Chapter' That Will Take 'Time, Patience'

These forecasts may be optimistic, because they assume that Americans can continue to claw their way up the value chain in the global economy, and not get stuck along the way, as the Japanese did in the nineties.

FORBES: Welcome to the Michael Jackson Economy

It shows that Singapore is moving up the value-chain ladder and is staying plugged into the global electronics grid.

CNN: ASIANOW - Asiaweek | Business | Short Circuits

Meanwhile, China is moving up the value chain into high-tech capital goods and is poised to account for about a third of global manufacturing of advanced machinery and equipment within a decade, from about 8% today, Mr. Zhu said.

WSJ: China Is U.S.'s 'Central Challenge,' Summers Says