04August

Inside China's Big Tech Surge

Inside China's Big Tech Surge

However, some are skeptical about what is seen as rapid change and advancement on the tech playing field while others are simply exhibiting a bit ethnocentricism that is somewhat reminiscent of the economic surge in Japan years ago. Says Marc A. Ross, founder of Caracal Global, a strategy firm specializing in global business communications, an adjunct professor at George Washington University teaching a course on Globalization and American politics, and former communications director for the US-China Business Council, "If you were scared of Japan in the 90's, the China of the 20s will terrify you." He continues,” There is a true willingness to protect state industrial champions in China to make sure they have a chance to succeed against the best in the world. That having been said, it isn’t easy to create, build and scale like Google, Amazon, Facebook, Tesla, or Apple. No other nation on the planet hosts the power, influence, innovation, entrepreneurial culture, and creativity of America’s tech companies. The ecosystem of universities, investors and coders is a deep moat that can't be built overnight." (excerpt from recent Forbes column of Lauren deLisa Coleman. If difficulty with the hyperlink to access the full piece, copy and paste for full article: https://www.forbes.com/sites/laurencoleman/2017/07/31/why-growing-trends-in-chinas-tech-scene-pose-a-huge-threat-to-silicon-valleys-hold/2/#18fc48c17dc4

Posted in News