The first article from Allister Heath [City AM] talks of the "massive, unstoppable shift of power based on the emerging economies adopting more and more capitalist institutions and practices",
The second, from Burning Our Money, ("The Chinese can now do pretty well everything we can, except 100 times bigger, 100 times better, and 100 times cheaper.") which amongst other things highlights both Governor of the Bank of England comments and Jeff Randall's interview of HSBC CEO, Michael Geoghegan:
"[The UK's] reduced financial and monetary freedom and higher corruption and government spending. They suggest we stand no chance of truly benefiting from the rise of the emerging nations, a development which could go down as one of the UK economy’s greatest missed opportunities of all times"
"...People save first, they educate their children and then they spend. If you want to go and see where consumer goods are least used and bought, it’s in Asia...
...If we could be as efficient here in the UK as other manufacturers are around the world and cut away a lot of the government bureaucracy that makes it very expensive to do manufacturing in the UK..."