#061 Clip, art stream. Dragon | Murat Alimov
#061 Clip, art stream. Dragon | Murat Alimov
Спасибо за просмотр!
#061 Clip, art stream. Dragon | Murat Alimov
Спасибо за просмотр!
Do you remember when the West laughed at the mere thought that China was a leader in innovation? Well, the DGAP article «Was uns Chinas Aufstieg zur Innovationsmacht lehrt» is here to remind you that China was busy not only producing everything, but also innovating, giving Silicon Valley the opportunity to earn its money. But, there are rumors about barriers to market entry and slowing economic growth, which may hinder their parade of innovations. And let’s not forget about the espionage law, because of which Western companies are shaking with fear, too scared to stick their noses into the Chinese market, or because they are not really needed in this market anymore? But the West argues that despite China’s grandiose plans to become self-sufficient, they seem unable to get rid of their dependence on Western technology, especially these extremely important semiconductors.
The article notes that China’s innovation train has not yet hit a brick wall — it is just waiting for the next round of political chess moves from both sides of the globe. The West is scratching its head, trying to figure out whether they should join the party or sulk in the corner.
The main conclusion: China is showing its muscles as an economic superpower, and it is no longer just a toy and clothing manufacturer. They are in the top league in research and development and intellectual property, and they are aiming to win in the field of military and security technology.
As for the secondary conclusions, there is a slowdown in economic growth, an increase in debt, an aging population that is not getting younger for some reason, and an environmental mess that spoils the mood for everyone. In addition, the global marketplace is getting tense, and everyone from Uncle Sam to Aunt Angela is watching China’s every move.
After all, the episodic role in the pandemic and the geopolitical plot twists have shown how much the world relies on China’s manufacturing power. So grab your 3D glasses — it’s going to be an interesting show!
Unpacking in more detail
Buckle up, because we’re about to embark on a thrilling journey through the mystical land of China’s innovation, where the dragons of the past have morphed into the unicorns of the tech world. Yes, folks, we’re talking about the transformation of China from the world’s favorite Xerox machine to the shining beacon of innovation. And how did they achieve this miraculous feat?
Behold, the «Five Virtues» of China’s Innovativeness, as if plucked straight from an ancient scroll of wisdom:
✴️The Art of Market-Fu: First up, we have the masterful use of protectionism, where China has turned its market into a fortress, selectively lowering the drawbridge for Western trends while ensuring their tech toddlers are safe from the barbarians at the gates. It’s like saying, «Thanks for the ideas, we’ll take it from here!»
✴️The Great Knowledge Magnet: In an astonishing turn of events, China has been attracting knowledge and technology like bees to honey. Or should we say, like techies to free Wi-Fi? They’ve rolled out the red carpet for returning scientists and tech transfers, because why invent the wheel when you can just import it?
✴️Friends with Benefits: Despite chanting the self-reliance mantra every morning, China has been sliding into the DMs of Western tech firms and universities, forming alliances that would make even the most seasoned diplomats blush. «Let’s collaborate, but also, I’ll take some of that cutting-edge tech you have there.»
✴️The Benevolent Overlord: Moving on, we have the party-state playing the role of the wise old sage, guiding the economy with a gentle hand rather than ruling with an iron fist. It’s like the government saying, «We trust you, but remember, Big Brother is always watching.»
✴️Survival of the Fittest, with Chinese Characteristics: And finally, the gladiatorial arena of domestic competition, where state-owned enterprises and plucky startups duke it out in a battle royale for market dominance. It’s capitalism, but with a dash of socialism for flavor.
Now, the West is sitting on the sidelines, wringing its hands and wondering, «Should we jump on this bandwagon or stick to our own playbook?» It turns out the West hasn’t been completely outmaneuvered just yet and still holds a few cards up its sleeve. The articles preach that imitation is not the sincerest form of flattery in this case. Instead, the West should flex its democratic muscles and free-market flair to stay in the game.
Unpacking in more detail