Cultural Impact:
This prioritization of education may perhaps best be validated by the cultural impact levied by the Chinese immigrant an descendent populations of the United States. The Chinese cultural impact today is felt in the population's extremely high level of visibility in the worlds of small business ownership and corporate leadership. As the text by Golden Venture (2009) reports, "Chinese immigrants and Chinese-Americans have contributed much to the U.S. economy. In 2002, there were over 286,000 Chinese-owned firms in the U.S., employing more than 649,100 workers, and generating more than $105 billion in revenue. The number of Chinese-owned businesses, mostly in professional, scientific and food-related services, grew 13.2% between 1997 and 2002, and are steadily rising." (Golden Venture, p. 1)
And in the era of globalization, there is an increasing awareness in the United States of the role that Chinese-based multinational firms are having on the business culture and socioeconomic hierarchy of the United States. In something of an ironic turn of events, America's subjugation of the Chinese immigrant populations so many years ago has been turned on its side. Today, many American businesses operate under the auspices of remote Chinese ownership. Likewise, many of China's best and brightest young business leaders are dispatched to the United States...
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