George S. Yip: "China's Next Strategic Advantage: From Imitation to Innovation" | Talks at Google

George S. Yip:

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Okay. Thanks for coming along to this so. It's based on this, book there are still some free, copies, left up front, if you want them so I was doing the research on this book when. I was based in China at the top business school there China Europe International, Business School from, 2011, to. 2016. So. Just. - and, the subtitle. Is really the theme of my, talk from. Imitation, to innovation, you won't used to hear about how China's. About imitation, now it's about innovation. In, the early days of course China was just copying when it first, you know from 1978, onwards. Like. The copying products were illegal. Sometimes are called Shan Zhai which means mountain. Bandits, you, see here a product called the block berry endorsed. By President Obama probably, without his knowledge on. The, right, something, inspires you this is not a cigarette packet pretending. To be a mobile, a cell phone it's a cell phone pretending, to be a cigarette packet just to show you how, different the, Chinese can be they actually love, smoking so much some of them wanted, to pretend their cellphone, was a cigarette packet. So. Then China, starts moving from copying. To, fit, for purpose so you know in the earlier days 1980s. 1970s. China, was poorer lower, per capita income, so, sort, of practical. Innovations. Such as mu, Guangdong. Crane moving from double. Welded to single weld it's a lot of process innovations, China. Of course makes more solar, panels. Than, anybody else and the critical innovation they're self, cleaning because if you have a dusty solar panel, then that's a massive problem so in, the beginning these are not rocket, science, innovations, but typical, Chinese innovations, they are pragmatic. And, profitable. Then, you start seeing I'll talk a bit more later on about Alibaba, Taobao these online. Systems. Where, we start seeing innovation, in online hire. One. Of their biggest. And probably the most international, company major appliances, now the world's biggest major, appliance, companies. Lots of initially, small innovations, like, early, on they found that their. Washing machines were getting, clogged up in rural areas, they discovered, us because the farmers were using them to wash potatoes rather than just clothes, now, Western response might have been to put a label saying do not wash crops, instead. Their innovation, was they changed the filter system and add, a label saying suitable, for both clothes and crops. Refrigerators. When they first moved to the US market. They. Went at the lower end such as college, dorm rooms and they realized that college dorms was small so, they added a folding, table top to, double up as a desk or trivial, innovation, today they have a more significant, innovation technical. They, have innovated. The world's first three. Temperature. Compartments. Refrigerator, the, third compartment, is designed, to store the food that, is the most important, to Americans, what. Food is that. No. Not pizza anything, else. Ice. Cream, what's. Wrong when you take the ice cream out of the ice box it's, too hard and, Americans. Don't like to wait so. It took a Chinese, company to have this insight, and then, typical Chinese innovation, to invest the R&D money and drill, to manufacture.

It In an. Economical. Way so this is a typical innovation. But they've now moving beyond this they're, moving toward waterless, washing. Machines for example so no genuine, technological. Innovations, Chinese. Are very customer, focused, as, well. I'll. Just talk about the bottom ones we visited, a number. Of startups, so a suture nano micro. World-class. Nano, products, SVG. Optronics they make security, films, / ID cards, and so on they're higher than the quality you find in the USA or in the European Union I'll talk about some of these other companies in a, moment as well the, entire, ecosystem. For Alibaba I'll talk more about good. Baby makes 80 percent of the world's baby carriages, a typical, innovation, now you. Hold the baby in one arm and one button that you press folds, up the. Baby. Carriage, again, a typical Chinese innovation. You. Have to invest in it requires. Significant, menu, ringg capability. Now. They start to make. Things that a bit more technically. Advanced. A ten-cent, social networking, instant messaging service. Online. Gaming and so on. Medical. Devices are very big in China aging. Population. And. Then. In, the, intersection, of online, and medical devices are going to be a very big sector in China as, well tell. Me the mobile phone company sends. Out software, upgrades, every week based on input, from its millions, of. Customers. And. Then a bot new softer an example, of. Integrating. Medical. Devices and information, technology. So. Just. And, these are organized. To. Relate to each other so of course with the solar panels, we. Have the, wind. Energy the. Third one, there. Now experimenting. With, roads. Using. Solar power to recharge, the bus as it drives along that. Also is a typical Chinese innovation, in that it requires a top-down, government to put in that kind of innovation can, you imagine trying to do that in the streets of Cambridge Massachusetts, over. Putting in a system, like that on the top right Wow. Way for telecoms, company now the largest, telecoms, equipment company in the world genuine, innovation, creating. A product that ran 2g, 3G, and 4G in, one. Product again typical, Chinese, orientation. To the customer, because this was more practical for the customer to have only, one. Machine, and now. Investing. More and more in R&D. It has R&D centers around the world for example outside, Milan Italy it, has a microwave. Research. Technology Center hiring. Italian scientists, keeping them in the local ecosystem, the. Middle row high. Speed trains of course initially copied. The. Chinese chain company was, sued by Siemens. And Hitachi but has breezed through that China, of course has, more high speed rail tracks and anywhere else in the, world I don't think the US has a single mile of high-speed rail, the United Kingdom and of course this means they also build more trains that they're now innovating.

With And. Sending. All out selling, all over the world in the middle aerial, drones China did not invent the aerial drones but most aerial drones are now manufactured, in China and this is a product that's classically. Suited. For Chinese innovation, in that innovation. For this product happens, better next door to the factory, why, because, innovations, are you, know to add more rotors, to change the carrying capacity maybe. Bigger maybe smaller there's now a, Chinese. One that can carry a person. Good, luck traveling, in that yourself, one, day. And. This. As opposed to say something, like a mobile a cell phone where, you do the innovation, in California, and you have it manufactured in China so also, this is a product that is based. On metal. Plastics. And some electronic, combination again. Ideal, for the lower cost Chinese, engineers and scientists and on, the right this, is the mid-sized jet, that, China has just test flown is going to go up against, Boeing, and Airbus why, is it able to do that because China buys. More new jet aircraft, than any other country, in the world it already has 500. Advanced orders, before it is proven and of course most of those advanced orders are coming from Chinese Airlines who have to buy from this state-owned. Manufacturer. Initially. Copying, but, with, innovations, that they're going to add and, with enforced, technology, transfer from the West which is why we have this tariff. Wars just started in the last week. Or so now. The. Internet-based, innovations. Are different, the traditional innovations, in China are, based on low, cost engineers, for both R&D, and for. Manufacturing. Wow. That is less the case with internet-based companies, where, an ease my interpretation. And you. Know a lot more medicine, I do is that internet-based innovation, comes. From experimentation. With large numbers of customers so. China. Has more internet, users, than any other country in the world so this is now a great, advantage, for them and toward the end I'll show you some visuals, about, the. Internet. Eko, systems I won't go through them all as I said you can just look. At the PDF yourself. So. Our, sort of model our theory, of how this happened, is that, we have four, drivers the ones in red and pink and with three phases and yellows that all go through, the. First. Driver customers, initially, the customers, were poorer so, Chinese companies and Western companies had to innovate in China in order, to develop. Products that were cheap enough. The. Other thing we find is that Chinese customers are quite different in many of their tastes from, the West so again different types of. Products. Needed. Culture. We.

Have The entrepreneurial, culture of, Chinese. Executives. And we, include on the culture, the drive of the government the Chinese government, really. Wants innovation. Now and the word innovation, has reached the top line of the, latest five-year. Plan and. The. Made. In China 2025. Initiative is all about innovating. In China rather. Than just, manufacturing. On. The right over. Time firms. Enhance. Their capabilities to, innovate, learning. From Western partners and also. As they became more profitable investing, the cash that they generated, in R&D. And. To. Other uses of the cash is, setting, up foreign, R&D centers and thirdly, buying. Foreign companies for, their technology, and I'll show you some examples of that so with. This they move from the Phase one copying. To, fit for, purpose to. Moving from being followers, to, world standard. Products, and. In. The. Third phase global. Expansion including. Acquisitions, early. Acquisitions, were resources, like oil, you. Know oil fields. Property. But more and more they're making acquisitions for. Knowledge. So. Here are some famous. Chinese acquisitions, of course the first one was. Buying IBM's, personal, computer business, then. Another example. Volvo. Bought, by a, mid-level. Chinese, company most, you've never heard of called, Jie Li one, of the reasons they were able to buy Volvo is, Chinese government designated. Them as the only Chinese car company allowed to bid for Volvo they beat off the non Chinese. Competitors. When. They won the CEO of GE said it's like a Chinese peasant, marrying, a Hollywood movie star and. Of course they're starting to learn. Technology. From, Volvo puts. Meister, a leading. Construction, equipment, company in Germany bought by now. The world's largest construction, equipment company China's. Sunny, they've. Even bought Club, Med which, i think is for the, large. Evolving. Leisure market, in China most. Controversial in the middle cuca in, 2016. A Chinese, medical device company idea bought one of Germany's leading robotics. Companies, for the first time the German government said really, perhaps we shouldn't let this go and the. German. Prime Minister, asked. A German consortium to outbid, them but they, were under, bidding 20%. And it went to China only, on the right finally, last year, was. One. German acquisition, blocked Extron, under US pressure because. It makes semiconductors. For, some. Which goes into defense so the u.s. got germany to block that acquisition. But. There'll be many. More such acquisitions, because the, Chinese have, a. Lot. Of money Google. Is probably safe, for. Now. So. The entire Chinese innovation, ecosystem, is growing, in fact, the. Chinese now have, more scientific, publications, than the USA of course so, far as quantity, rather than quality but. The quality will follow and of course it is the US and the West that is training ethnic, Chinese, scientists. So if you go into stem program science technology, engineering, mathematics. Huge. Numbers of ethnic Chinese and China, now has special. Government programs, to lure them back also. The market is deterring them back we visited one company that, makes flexible. Display. Screens, replacing. The something, that you know a millimeter thick replacing. The entire dashboard. Of a car started. By a Chinese, PhD. In electrical engineering from Stanford but. He goes back to China, to start the company because, cars, are being manufactured in China and it's the biggest car market in, the world right so everything ecosystem, is on. The, up and here, is the. Scariest, sight. I've ever come across it was presented at Oxford, about, a year and a half ago by, someone representing the Chinese Academy of Science 22. Strategic, science and technology initiatives, that. China is pursuing, I'll just read out some of them. Dark. Matter and dark energy. Controlling. The structure of matter artificial. Life and synthetic, biology. Nanoscience. Space science exploration, ubiquitous. Sensing based, information, eyes, manufacturing. Systems so they're actually going for, everything. Pretty, much China, certainly has the world's largest. Supercomputers. For example, all. Right so. Summarizing. Our research we found that there are 10 major ways in which Chinese, company innovation, is different. From, Western innovation, and you might think about how this is, the same or different at Google as well I've, got a slide or two on each one of these first. One is a greater focus on local, needs and customers now all companies, do this but Chinese are really, focused on local. Customers, so on the Left Chinese. Light soy products, so joy yung makes. A soymilk, cooker, on the, right that's myself with my co-author we're, TCL, the world's largest, consumer. Electronics. Company they. Created a dual TV, that, two people can sit side-by-side, watching. Two completely, separate TV programs, full.

Screen You, just have to wear these dark, glasses with the earpieces, and my, fear is that they designed this for a special Chinese, need which, is the, single child, policy the. Single child has grown up selfish, and doesn't know how to share so, when they get married they don't want to share TV programs either so, this products designed to reduce the divorce rate in China apologies. To the Chinese in this audience oh and. Again a typical Chinese innovation. That is expensive to design and, is expensive, to manufacture but, Chinese companies can afford to do that initially. Number, two acceptance, of good enough standards. This was the first mass-market chat, car in China Chery, QQ, under. Five thousand US dollars it, was famous for, its thousands. Of defects, but. The Chinese accepted, it and if. This had happened in the West the, brand would be dead cherry, is still a respected. Brand in China so the Chinese are more forgiving, at least initially. Because. They're still you, know moving up the ladder but they didn't stop there so. By participating in, global. Supply chains they. Learned and furthermore because, the competitive, situation there is so fierce they're, like Alice in Wonderland with, a Red Queen they've, learned to run very fast to stay in the same place so we. Now this concept of Red Queen competition and this is what happens in China as a way of enhancing. Their. Capabilities. Third. One incremental. Not radical, innovations, when, I visited the head office of hire they showed me their new range Cassata. Pretending. Not even to be Chinese called Cassata the main innovation is that they've embedded Swarovski. Crystals, on the Front's of the cabinet's so the, Chinese are not embarrassed, to do anything that will sell a product. Another. Example of this of incremental. Abroad. Which started out making gas. Five air conditioners, has. Now gone into prefabricated. Buildings, so I was in one of the buildings as was being built notice they sell it like. It's actually all about Lego you know getting by this shape that shape fully. Sealed. Air. Conditioning systems when I stayed at their on-campus hotel. You. Couldn't open the windows and there were no controls of the air conditioning so, super. Energy efficient, very. Fast to put up and much cheaper so that's again typical, Chinese innovation. Willingness. To supply special, needs a, TV, company called Hisense is a big share of the TV market in Africa because. In Africa many villages are too poor and can afford only one TV set which, sometimes has to be shown outdoors, for bigger audiences, such as for a football match this, means that, you need to make the screen brighter so, Hisense was willing to invest in a. Switch and a capability to make the screen brighter for, outdoor use and again to manufacture, so a typical. Chinese. Innovation, using. Large numbers of stuff one of our students, at C IBS. Started. A security. Vehicle company. Now at first security. Vehicles seem to be the opposite, of what's, suitable for the Chinese because, the Chinese approach is to find a global product, that same all over the world manufactured. In large quantities. Standardized. At home and ship it around well. The problem security vehicles highly. Regulated market, so they're very different in different countries and small. Numbers batch production, so. What the CEO did. He. Assigned 100, engineers to spend a year studying needs. All over the world at the. End of the year they came back and said you. Know what for each component the doors the windows the, engines, they're only about three or four variations so. What he does now he, manufactures, the three or four variations of each component essentially. And then ships them around the world for, final assembly so, he has used large numbers of engineers to turn a multi, local industry, into. A global. Industry. Six. They. Work their staff much harder they, there's no work/life balance in, China I love, some of these comments from the CEO of Huawei. Why. Way people are destined, to work hard for a lifetime and to suffer more than others how's. That for a recruiting, slogan. And. You. Know boot. Camp not, much googliness in Chinese companies, and. The. Sleeping and, you know what's underneath the desk the sleeping role so. Seventh. Oh by, the way I. Know about. I'm. Working hard well I'll give you an example I have a fast trial-and-error, a. Very. Pragmatic so, dung sale ping the leader talked about crossing the river by, feeding the stones.

The. CEO of GM China talks about failing. In a government-sponsored direction, electric vehicle by the way I predict that China, of course will be the first country in the world to, be serious, about electric, vehicles they have the need because their pollution problem. They. Need a lot of vehicles. And they're gonna solve the chicken and egg problem of, the charging stations, because with the top-down government they, are installing, charging, stations all over, the. Country and they'll you, know have force incentives. To make people buy, electric, vehicles rather. Than gasoline. Based, ones. Less. Formal, faster, processes, we found that everything. In China is faster, specific. Example we're working with a major European. Multinational. Who bought a Chinese, company in one of its sectors. And we, helped them compare, the, length of the innovation process the European, process was 24 months the Chinese process was 12. Months so. We. Then helped them converge. On an 18-month, process to, convince headquarters, to allow them to go from 24 months to 18 months they couldn't go to 12 months because the Chinese took too, many. Shortcuts. Or 10. Cents WeChat, the gray release 1, million user experiments. That they're able to do again the large numbers in China. More. Intervention by the bosses you know China's, very boss oriented, in the West it's 90 percent process, and 10 percent boss in China. It's 30 percent process, and 70. Percent, boss. On. The right the CEO of broad he actually said to me I'm responsible, for 95% of, the innovations, at broad, that was an astonishing, statement 1, if it's true and 2 that he should say it even Steve Jobs wouldn't have said that and I, know Chinese bosses my father was a Chinese boss he once said to me son you, should never contradict, me especially. When I'm wrong. But. Interesting. Lee for those of you who are not Chinese even for myself I'm from Hong Kong originally, you. May think of the Chinese as being very obedient, well, Chinese, are obedient only, under, some circumstances. Chinese, are very obedient when. They are observed. By a superior, whether. In a company, or in, a family setting where you know in a family is always a relationship of superiority you know your your parents etc, so. When. They're not supervised the Chinese are very disobedient. Hence the saying Shang. Cow Wong do UN the mountain is high in the Emperor's far away now you think about other cultures there's some car where, people are very obedient whether or not they're observed these, are the cultures for example where people stand at a red light when, there are no cars around class. Exams we Japan, and Germany and there, are other cultures national cultures where people are very disobedient whether. Or not they're observed and these, are economic basket, cases I don't even need to name the countries you can figure them out for, yourselves, but China is this on one, diagonal and indeed. There are some other cultures, that I've experienced, where people are obedient if you don't observe them too much and they become disobedient if they feel you're watching, them too much and I. Found that to be true of the Netherlands, and other Scandinavian, cultures, which, which is Google. Is. It more like the Scandinavian. Culture. Where you like to be left alone right so the Chinese are the exact opposite. Closer. To government of course so Chinese, companies benefit from having. A. Lot, of. Government. Support so, if we summarize this. China. Has a triple-threat. Winning. Trifecta. They. Have the manufacturing, capability, which India, doesn't have even. Though India is the second one scientific, and technical capacity. China, is more of that as well so China now on the second point can, pretty much absorb. Most. New technological and scientific developments. Yes, they're still behind the US but, there is a, rapid. Catch-up. Particularly. In digital. For, example and a, huge domestic market, as a result of which they can start and improve at home before. Going global without, necessarily bringing out world-class. Products, to start with and they. Can challenge any global incumbents. As I've. Shown in the case say of the, commercial, aircraft, even. Japan could not go up against Boeing and Airbus but. The Chinese state-owned company is doing that this has happened only twice before in history which. Countries had these advantages. First. Of all it was the British Empire, not Britain on its own but the entire Empire give is the market and then of course the.

United States after the Second, World War, now it is China's. Turn to have the three. Advantages. If. We now look at it from the viewpoint of Western, companies we, talked about why. Learn from China because China is, an, emerging, lead, market, china's. Customers, are young and extreme you know the concept of learning from. Extreme. Users, in China they'll. Try anything so for example the way that Chinese learned to drink wine initially. The Chinese mixed wine with, coca-cola to, get, used to it and. Tikki. And food we, see all kinds of innovations, like that but they're now increasingly, sophisticated or. Even, leading, to man's there are now a lot of very wealthy. Young. Chinese, and that you will see them around the streets of Boston. As well the fluid I the, second generation rich they're, probably not working at Google but, they. Are the ones now who are, you know buying, the most expensive fashions. China. Is pressing needs for solutions such as in pollutions, trying to lead the world now in. Environmental. Solutions. And as, I said before they're more forgiving, because, most people there are first generation or, second, generation, consumers. So, they'll, try things they won't necessarily don't, have to buy what their parents, bought, and if you get something wrong they'll. Move on and, forget. The. Market reasons, among, the world's biggest in most categories biggest, for cars biggest. For, trains. Biggest, for airplanes, and so on and high. Diversity and differences even more so than, in the United States because of the temperature differences, climatic. Differences a specific, example sanyi, the construction, company said you. Know Western, construction, company might, have two, or three models, per. Products. Such as crawler. Loaders, but, because of the diversity of soil conditions, in China and because. Of the, so many different building, projects we'll have seven, or eight different products instead so more. Innovation, because. Of the size of the. Chinese market Anish and China can be a whole market, in some Western countries and then. Reverse innovation when, you invent something for the Chinese market but it could be sent back to the. Developed, world so the most famous example of that it's General Electric's. Ultra. Sound. Equipment. Initially. A 150,000, dollar machine there was too expensive and complicated for, Chinese hospitals, so, GE, put together a team to create a handheld, device that was about twenty thousand dollars so, succeeded, in China but, it's been reversed, back to the US not, to displace one hundred and fifty thousand dollar machine but. For new uses such as in doctors offices and in. Ambulances, thirdly. Competitors. Very. Intense. Competitors. Breeding. Winners and they're. Saying to go global as well so. Competition. And China's fiercely, even than, in the.

USA. So. We summarize this by saying that. Western. Companies must, learn some capabilities, from China the first one bold experimentation. And rapid iteration, this. Particular to say for Europe where companies, have become too, conservative. Too, much regulation they, need to go to China to relearn, bold. Experimentation. Secondly. Innovation, through creative. Adaptation. Adapting. To create new, products new product. Categories. Lean, value, I mean all companies focus on lean. Value, but. Even more so in China where it's more important and the fifth one that we were quite surprised by is that. While, say Japan. Wasn't. Much use for developing foreign. Managers, because it is so, ethnocentric. China, is very open, to foreign managers so if you send someone there they get the chance to manage you, know Chinese. People. People, from other countries so we never saying to paraphrase Frank. Sinatra's, song Shanghai. Shanghai if you can manage there you can manage anywhere. So. I'll. Just go through a few brief slides on e-commerce. China. Now has. A bigger. Share of eerie. Tale than. Anybody. Else in the world and by. 2020. Is predicted to have 60% of, global. E-commerce. Because. Chinese. Live, on their, mobile, phones cell phones. Much. More than. Other. Countries I mean I think Koreans, are more but it's a much smaller country. Selected. Percentage of countries, who've, bought something in the past 12 months China, 68%, way. Ahead I. Mean. You know some of these statistics cause it's your business but so. I won't so search in Internet, and mobile payments. Third. Party mobile payments, transaction. Value, incredible. Speed, of growth of this some. Statistics, on the. Types of products that they're buying. And. Apple. Made a late entry, into this and is, not doing that well compared, with. The incumbents. As. Comparison, here between Ali pay and WeChat. WeChat. Is starting, to catch up with Ali pay the Green Line below others, a comparison, that you can look at, and. The. Last three sides three, emerging. Disruptions, this was created by one of my colleagues at CIPS, rapid. Rise of connected. On-demand mobility. And digital mobility, so, digital. Mobility, very important, in China, again something, you might expect because of the cities being, so crowded the.

Link Between hardware, innovation and the economics of the digital. Ecosystem. China, is more ready for this and then, thirdly data-driven, insights. So Chinese, service, businesses. Really. Mine, their. Data and there, are emerging, service companies that, are disrupting, for example the automobile. Services, so, won't. Go through this but you can see that at least in mobility a lot, of things going on and you can study this at. You let at your leisure as. You know most of you know uber, lost out in China right, defeated, in China by. The. Incumbent. Company. And they ended up selling their, stake to the Chinese company in exchange for his share in the, combined. Business. One. Of the interesting mistakes, that uber, made was. That it was possible, for the drivers, to cheat, uber, and, because. If they got a friend to book a ride and then, the friend cancelled, the ride the. Driver still got a percentage, of the fee which was really dumb of uber because, if in China there, is a way for someone to cheat you they will. And. The. Last slide you know the famous be 80 you, may have heard that phrase Baidu, Alibaba. $0.10 this, last slide is about, the ecosystems. That, they have. Built. Up so, we. Have 15, to 20 minutes for questions, thank you for listening to this. So. You were just talking about data mining I had a question about that, how did the privacy, policies, of the Chinese, compared, to Western. Countries what's. Privacy. No. No. I'm serious. The, Chinese word for privacy, has, negative, connotations it. Implies something, a bit shameful, that you want to hide my. Wife was English learn this when after, getting married we went to Hong Kong and so. Much. Less of a concept of privacy and of course the government. Is. Entitled. In China's government entitled, to look, at any of your data, all, right it's. Yeah. Just like Facebook. So. Privacy. Is much less well. I mean do you guys know about the, new development, in China of the, good citizen, index, China. Is working to create a good, citizen, index, that doesn't the exact phrase but, based on your behavior and. After. That you. Will be blocked from. Buying. Airline tickets renting, cars jobs. Etc because, you have a bad, citizen. Behavior.

Rating So no. Privacy I think. I read somewhere that, part. Of the reason for China's. Jinan like mobile payments is because they don't have the existing. Infrastructure, of credit cards are, there any other examples, we're, trying to kind of skipped past something, into. Innovation, yeah. I mean that that that's that that's the best example. Not. Injury not of the credit card infrastructure, they don't is the banking infrastructure, so many, Chinese very high percentage don't have bank accounts so they jumped they, jumped straight to mobile so. That's a big advantage for. Them. Yeah. I mean a, related, example of this is you, know bike rentals. In. I, tuned it how much there are in the US but you know in London, and Paris we. Have these bike rental services, but they have docking stations, so, Chinese companies, invented. Bikes. Without docking, stations, it's done entirely digitally, it locks the bike so. You can leave the bike anywhere now there have been huge problems because they then get these mountains, of discarded, bikes but, at least again that's a different Chinese solution no infrastructure, so, they come up with a new solution where you can take the bike. Anywhere. But so this is some of the examples. Of the. Leapfrogging. Because they don't have the previous. Infrastructure. So. Your, slide, show kind, of the ecosystem, in China but there's, a lot of technology, that is forcibly. Not. In China for example. Lots. Of restrictions on Google and China and we can't really have a presence, due to the government, have you looked at, kind. Of the global, usage by Chinese users of different. Technology, sets well. I mean the reason why Google, is blocked in China I mean there are two reasons why Google is blocked in China one. Is that China wanted to protect, its incumbent, companies and. Then, secondly. Because, Google. Was trying to protect the privacy of its users and China, you, know doesn't, like that that that's the best the main thing now yes. Not. Your exact question but, it is a problem for, Chinese, researchers. Because. Of, the flops on access to the Internet, they cannot, access, everything they need to do so, one of the solutions they have is, that Chinese companies will, open, a research, office in Hong Kong. Where there are no blocks, and then they do the internet search that way for. A while. Researchers. Including business school professors.

Used. Um I just blanked out you know there's a technology where you can get, past this now, China's. What. Does it call the, yeah. VPN but now China's blocking that again and it's illegal, to, have VPN. So I, mean. The astonished thing when the internet started was that people said there's no way China can control. This, but. You know I think there's up to a million people, working. On controlling the internet so again this is use of the large. Use. Of the large numbers, so, you mentioned, that oftentimes. Chinese. Students, will come to the u.s. you get educated and, then there's incentives, for them to go back to China and I've. Heard, you know. Some. People have the perspective like, why should we, educate. If, they're, just gonna take, education and, go back to. Their country and not stay here, and and you, know contribute. What. How, would you respond to that and what are your what are your what's your stance and thoughts on that I, mean, that that's a complicated. Policy. Issue and I'm luckily, I'm not a politician so I don't I don't have to make these decisions I mean, what. We found through, history is that you. Usually improve, relations, with a country if you educate, their people they go back with very, positive views, of the country although interestingly. 20. Years ago the. Chinese would deliberately, give very small, living grants, to the students, they, wanted them to experience the worst of the USA not the best of the USA, they. Wanted them to live in the poorest places in the US and not become. Too fond of the US I mean. The Chinese students are now richer, you know more the ones who come out often, have. Wealthy. Parents so we're now having sort of view you. Often see these policy arguments all the way around why are countries like the UK and the u.s. throwing, out these students, after, we've invested, in them and and we. Want to keep them so you, know it. It's. A it's a difficult solution I'd Donald, Trump hasn't gone after that yet. I think, of blocking Chinese students, but who, knows I think. Many people would argue that the long-term viability of China's. Innovation. Is, threatened. By the, increasing. Gap in social, inequality. And. Even. You know those three huge companies, sucking. Up all of the ecosystem. Whereas, perhaps. Others would argue that Western. Economies, have more room, for innovation because, of, less regulation, so, I guess I could, you comment on China's, the. Future. Of China is innovation. And then also how you see. The. Growing. Percent. A growing. Divide. In, the. Rich in China in the pond run the. In the income inequality is, triggered. By what's. Called the hukou system the. Residency, system, where you're. Not allowed to live you. Know in a city without. Getting. A special permit and in. General the cities block fad because once you're allowed then, you can access all the services medical. Services education. Etc so a lot, of the, lower-level, jobs in China are done by people who, are non, residents, were there semi illegally, and sadly.

Their Children cannot go to school so have to leave the children back, in the countryside be brought up by, their grandparents, so this is this is actually a massive problem, that they literally. Don't know how to solve right now affecting, maybe a hundred, million people. But. I don't think that some, necessarily. Going to block. Innovation. To say because the innovation, is happening at an upper level you, know the scientists, and the engineers. Secondly. You. Know the nature of China is that it is state, driven innovation but there are lots of private companies as well so many of them as innovative companies, like, Alibaba. Royal, which I mentioned the flexible displays mean these are strictly, private, companies that are sort of benefiting, from the Chinese innovation. Ecosystem. And the. Question I haven't heard yet but people often ask me is well, you know if. China's, like controlling, people, doesn't that stop. Innovation, well. China. Doesn't. Care so long as you do not seek, to overthrow the, Communist, Party if you're just innovating. And making money, they're happy to. Support. You so I really don't, necessarily see that as a problem or even by the dominance, of a, few companies I'm if you look at the history of the US, many. Industries, have you know like the, automobile industry from, the 1930s, onwards have been dominated, by two. Or three. Major. Companies in fact in, China the problem isn't too. Many, monopolies, it's, too many competitors, we, actually have coined a phrase in our next book with, some different courses about, swarm, innovation, we have an article, coming out soon about, that there are swarms, of Chinese competitors so if there aren't too few Chinese competitors there, actually too many of. Them, what. Do you think are some of the challenges, that are facing China and the space and. What are their leaders worrying, about the most. Well. If I just walk about innovation, education. System. Is inferior. The. Education, system top-down. Traditional, of course that doesn't stimulate so, much innovation the, PhD student, will do the work of the professor, etc, so, they're aware of this and guess what they're, paying the USA to help them solve the problem so Duke University. Has a program, in China to teach Chinese. University. Lecturers. How to teach their students to be innovative, like the Americans so once again America, is teaching China how to compete with America, so, that is, probably the biggest problem a. Secondary. Problem is the Chinese, language which also affects. You know the, education system it's hard for other people to learn it takes up so much time, and brain space of children I've my own personal prediction that mobile phones are helping to solve this problem because. More and more now people, are using the, cell phones to spell for them actually older people are complaining about this I could see this being outsourced, to cell phones well. One area where the u.s., lags. Pretty. Severely. Behind. The. Rest of the developed world is the healthcare system, and you've mentioned kind, of in passing, some, of the innovations. In medical technology in healthcare in, China, and I'm wondering what. Can the what. Can the US learn what and look in the u.s. take from that.

Well. China doesn't have a great health care system. Either is surprisingly. Private. People. Have to pay a lot so the whole you, know. State. Health care system, has kind of withered away post. Close. To communist. Economic. System so. You. Know you can get some services, but for example people have to pay, doctors on the side to get any. Serious. Treatment there's a terrible incentive. And the doctors, make money by selling medicines. So, they over, prescribe, their medicines but again they may go. Back to the technology, part they may start to leapfrog this, by you. Know digital. Etc. And making. It faster, I did have one experience myself I had to go through a. Health, check and, a. Typical. Chinese approach it was like the production line whereas, in the West I'd have gone you know from floor to floor to the x-ray department to. The Blood Department, and so on here, it was a small building with a corridor first. Room chest. X-ray second, room blood test third, room eye tests, was like. Production. Line and the whole thing cost one hundred US dollars who, have cost you a thousand, dollars in, the u.s.. We. All know China is. Had. The largest market, in the world and, for. Many things so. Many Western company, have. Tried to into, the market without. Much. Success, what's. Your view on the, top. Reasons. Why. Western, company, often failed in the market. Good. Question but to be fair many companies, have also succeeded. Okay, so. Reason. For failure if. You go up in US if you go into a sector, where the Chinese are where China's trying to develop its own competitors. They'll make life very difficult for you right because they, can put they have hidden regulations, they can pull out to make it difficult, for you so long. As you are contributing. Something that China doesn't have such as the Western auto companies, over the last thirty years they're, happy, to, welcome. You I mean it's I teach international business it's the same principle you've got to bring something to the country that, they don't have so if. You have that then they, will welcome you and not make life. Not. Make life too difficult, then, you know partners. For. A long time you needed a Chinese partner some were good partners. Some. Were bad, there's, a Chinese, thing, tomtron. Chemung, same, bed different, dreams so. You know so. Sometimes the partner was a nightmare, so to speak following that analogy so. That's a reason why I could go wrong but really you know I think Google's, case you. Actually came right up against a central. Policy. Of the government, which is the privacy. Issue and that's why you've been banned from. China Plus secondarily. You. Know other. Companies, like eBay, not. A privacy issue they. Wanted to protect their emerging, their. Emerging. Companies. That's. Why so there. Are still opportunities but, not. In areas like that so. One, thing I've noticed. About, competition. In China it's. A it's a very freewheeling. From, form, of competition already if you have an idea there will be a, million. Competitors. Doing the same thing maybe better maybe not yeah right, that's. A very hard situation. For external. Companies, right because you know here in the US for example there is a strong, law. You, know few. Of you, know patents, and and an IP, protection. Right. So, how, can anyone think of you. Know getting into marketing in China in such a situation where, there is a feeling that everybody will everything will be stolen right yes. Actually what Western.

Companies Are doing more and more is, that instead of selling products they are now selling. Business. Models. So. If you can embed the product in, a business system that is much harder to. Imitate. Against. So. You. Know selling the service based on the product rather than the product itself or. Rapidly. Innovating, to keep ahead of the imitators. Or having superior, tech. Having. Superior technology, there are ways to protect your intellectual property so that it can't be. They said it can't be fully imitated, interestingly the. Auto companies, are still, ahead in China. This may be a good. Item - to finish with actually, that I, was. Told by one of the German, automotive. Companies they said the reason we're still ahead is that. In the West the, auto engineers. Grew. Up being. Taken, to, repair. Garages by, their father or their grandfather. So they've you, know they've, had this since childhood. These automotive, engineers in China, the automotive engineers, are first generations, they don't have this deep, background. And cars. Of this very complex, combination. Of being a consumer, product and, being. A highly, engineered, technical. Product so actually they're gonna have more difficulty, in cars than, they have say in, commercial. Jet, aircraft. And. In fact engineering cars you know they don't. Particularly want the, ultimate driving machine and like a BMW they want the ultimate mobile living, room because that that's a different. Kind. Of experience that they that. They want in China um I'll, give you there's a great story. About BMW. Which is that in China, this. Will be my last comment, there, was a dating TV, program in China just to show you again Chinese, culture and a, young. Woman on the TV was asked, by a young man he. Said you, know I I'm not very rich so would you go on a date with me just on. A bicycle and, her. Reply she rejected him and said I'd, rather cry. On the back of a BMW, than smile on top of a bicycle, so, that's Chinese culture, thank you very much. You. You.

2018-06-02 14:45

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Meanwhile indians are still shitting on streets lol. Can't even manufacture a single world class product.

GM was too late to stop Cherry QQ-> Chevy Spark

IN SHANGHAI, MIGRANT kids can go to school until either 8th or 9th grade if parents show longevity working here.

"if in china there is a way to cheat you, they will" the most sensible thing he said between praising top down leadership

he even stole a frank sinatra song

innovation through absorption or as we call it, theft

again, another typical Chinese innovation...

After have been studding macroeconomics from China and possible psycho-social interrelations if it comes from Europe equilibrate relations i would like to let you know other time about the importance of establishing concrete individual rapport of achieving individual rules of defined goals ;-)

With all this innovation shouldn't you expect China's environment to be at a better state?

Li-Ren Yu I am an equal critic of East, West, North, and South. The West is not immune see As the link suggests it is not that clean technology is cheap for the West and it uses itself enough to avoid pollution, while selling it expensively to China or elsewhere. I think it is the Government in each case that allows the operation of polluting technologies regardless of their cost. For any exporting to happen there has to be an accepting importing side. The reason I made my first comment was that we were presented by the speaker with a picture that there is a lot of tech, R&D, innovation and so on in China then one can expect this to translate into less polluting or even cleaning up tech. And this tech created inside China to be used (so again nothing to do with exporting, or the cost of tech the West wishes to charge). But this doesn't seem to be the case. Of course the level of pressure on the Chinese Gov is not the same as the UK Gov; e.g. the EU, or WTO seems unwilling to threat China with legal action for pollution .

Dimitris Tsagdis a lot has been done in recent years. China is one of the biggest users of electric buses and green energy. But it’s a big country, with a lot of legacy industries that are quite polluting, and it’s definitely trying to do something about it. For instance, it’s trying to cut the sulphur emission of all coal burnt and oil imports. It’s heading in right direction, still more to be done. But the government is definitely acting on it. I think Western countries have benefited a lot from exporting the polluting industries to developing countries, and should do more in terms of licensing green technology to China and other developing countries for free or much lower cost than they charge now. Such a pity western economies are not doing enough, criticising yet not acting. Very hypocritical

U mention S Korea grew without the environmental devistation that China realized (s). Each govt does what it thinks is proper.

Could pls elaborate I still fail to see the connection you imply.

Journey song in reply to this: "Korea seems to have successfully caught up if not surpassed the UK on several indicators without the level of environmental degradation encountered in China."

Samuel Liu, I do not get the connection of your song video link to our discussion. I do not dispute that London had it bad during the industrial revolution but the whole world did not know any better (they were at the forefront of industrial development) nor were there any alternatives at the time. These were/are not China's circumstances.

Journey - Any Way You Want It - YouTube I think London was reported to have lethal smog. Just think poverty-uppermiddle income country in 30years. By the way, inflation has started to affect my consciouness. Just unlike the USA, San Francisco, I get along with my millions of neighbors!

The UK at the time of the industrial revolution didn't have anywhere near this level of R&D not even the possibility of accessing clean energy. Korea seems to have successfully caught up if not surpassed the UK on several indicators without the level of environmental degradation encountered in China.

B/c of the "one child policy", Foxconn has substituted workers with automation.

Rapid growth comes at a cost, the west is already past that, just look at the UK during their industrial time, and can focus on environment, China is playing catchup and has a bigger population to deal with.

Samuel Liu, maybe the bullying was because you are a jerk or something unrelated to ethnicity? I don't know for sure, though. You know, the trust thing.. Anyways, I'm glad you are happier in china. Seems like a good fit for you.

I was born & raised in Northern California, pay SF taxes. But after undergrad the bullying was too harsh (I still ride a bicycle), so I took off for SF's sister city. As for racist, look to Trump and ...

So, I'm talking about a country and a nationality. You keep bringing up race, @Samuel Liu. You aren't a racist, are you?

they got white exceptionalism here in shanghai

Chinese have a reputation for being dishonest. Why should I believe you? Also, who does china have a history of bullying? Gosh, where to start....

I'm not poor, neither am I white. SF has a history of bullying Chinese.

Yeah, SF sucks if you are poor. How poor are you?

My Quality of Life in Shanghai is far greater than in San Francisco!

"Innovation happens near the production line"

China ain't doing shit.

Intellectual property theft is another name for innovation.

“Imitation” is a nice way to describe theft.

You can complain about that all you want, but that is how the game is being played. The USA, in its earlier days, did precisely this to other countries, and look at it now. Furthermore, what are you going to do about it? You have no power, you are helpless. Watch them win.

Import Substitution, USA did it. When global brands begin manufacturing in a cheaper nation, they bring that tech and the manufacturing unit has to figure out how to produce that product.

ip theft is just a way for developed countries to keep developing countries poor. the US was once in China's position

Good talk but it only mentioned seemingly good things.he didn't say how individuals are becoming collectivists,how they're giving up their sovereignty to state.They just declared beta testing of some "social credit score" which is GOING TO lead them where Hitler and Stalin lead Germans and Russians respectively.Don't you talk about India, it's a fucking DEMOCRACY and not communist hell.

Show me a man who has learnt anything without first copying. What is school if not an arena to copy the works - in language, mathematics, science, of others.

How can he ascribe a comment by a 20-year-old female contestant on the television show as symptomatic of Chinese culture? He is obviously a very educated person sadly not a wise person.

Paul Dirac very smart comments

An important reason that no one wants to talk about because it may be politically sensitive--Chinese kids have good scores!

He doesn’t speak mandarin and surprisingly even his Cantonese is also not good given that he lives in Hongkong. How can he know the real China without willing to learn the language? Every time he tries to tell something “on-the-ground” he starts with “my students told me...” can’t do sampling like that and say that’s what Chinese thinks. China is not a single nation it’s a subcontinent as large as Europe , I’m not even talking about it’s 56 ethnic groups, even the majority Han ethnic is just a fake group to promote unity, many provinces have their own language and culture. There is no way to generalize “Chinese” when it is more diverse than Europeans. Regarding copying and cheating: I have often heard how hard it is to do business in Canton...(disclaimer: I don’t have firsthand exp) I find it really funny when a Hongkonger/Cantonese tries to condemn Mainlanders in general they list THEIR OWN bad habits and say that’s Chinese bad behaviors/culture. And when people who run honest businesses try to push government to put regulations on them they cry for being victims of communist suppression. ...switching concepts and roles back and forth in one sentence is exactly cheating.

Yeah they didn’t just imitate Kent State at Tiananmen Square there was a lot of “innovation”

You retards still crying about TS when the country has risen without those squatters and rioters. Obviously the country's (and it's people's) rise is what you losers hate most.

lol so much butthurt in this audience. yes. every country has a right to try to advance its own interests and historically, has done so by force and by copying. the US was no exception, and neither is China, nor was historically Germany, SK, Japan, etc. get over it. and don't pretend that it is any different now, and don't pretend you are any different from china.

Very interesting and informative. Thanks for sharing.

Heres a little secret you must promise not to tell anyone.... there are no secrets

To the girl at 36:05, I hope you realize how ridiculous your question is. Mr. Yip's answer on the other hand, it is full of lies. Shame on him!

"Same bed, different dreams." His Mandarin pronunciation is very bad. Nothing he said sounds like same bed, different dreams in Mandarin.

OK. The subtitle says it's Mandarin. Yes, he speaks English with strong Cantonese accent. That explains it.

He said it in Cantonese. He said he is from HongKong where most people in his generation speaks Cantonese.

It is ironic that Mr. Yip is dispensing some false information about Chinese innovation in his talk about Chinese innovation: 1. Mr. Yip said that Mobile payment developed in China because not many Chinese people have bank accounts. That is a complete false statement. To use Chinese mobile payment such as Alipay or WeChat pay, the first thing you need is a verified Chinese bank account. 2. Anther false information is about the success of biking sharing in China. No, it is not because there are no docks available in China, on the contrary, there are many shared bikes with docks in China and they are free to use. However, the prevalence of mobile phones with GPS made it possible to share bikes without the need to dock them at fixed locations, which solved the last mile problem of public transit users. 3. No, it is not illegal to use VPN in China. However, it is illegal to operate as a VPN service provider without proper license from the government.

XJLCA 哈哈 他就是在乱说


You idiots don't have a monopoly on innovation no matter how much you wish.

mad bro? no one cares your little feeling

I was quoting the speaker, stupid

fuck you, guitar guy

Dimitris Tsagdis when you are proud of your clean technology, why you want to export your garbages to China?

Daniel Kane Wow a racist accusing Chinese as a dishonest ppl bring up the racist card. Typical hypocricy

Oh poor baby Daniel Ortega, you can't compete, so you cry foul, what a sore loser you are!

Vance Joudrey just admit it, you white trash can not be on top forever. Your white supremacy will be gone with wind.

Vance Joudrey Wow, if china steal everything, why the america need china to build subway in Boston and UK need china to build nuclear power plant?

Who is not imitating who in silicon valley?

Vance Joudrey you can only renew your patent up to 20 years.

XJLCA No, that’s your reframing of garbage people stealing the creative efforts of hard-working people. Sad that you could delude yourself to excuse blatant criminality.

Tim Lui You can renew patents. Putting that aside I’m talking about Chinese stealing through industrial espionage. I mean the Chinese space program is the Russian space program copied by Chinese, but I guess they have something worked out. Then there’s just the outright wanton thievery Perpetrated against American Japanese and German companies and governments.

War ON Terrorists is an awesome way to describe invasion and bomb the crap out of your country.

Vance Joudrey, on the other hand, it sounds like you are screaming "theft" because you desperately want to stop a competitor catching up to you, yet you can't. How sad for you!

Vance Joudrey Patents have an expiry date, you don't own a new idea forever. Human pogress is only made when other people build further ideas on your new idea.

Tim Lui Denial ain’t just a river in Egypt

Vance Joudrey "If I have been able to see further, it was only because I stood on the shoulders of giants." Issac Newton

Tim Lui Just a sad level of apologetics

China first invented the printing press and gun powder, did the rest of the world steal from China?

Google have gone from do no evil to perpetuating evil. Google is in bed with the CIA and deep state. China was right to ban Google when they tried to practice extra-territoriality like the colonial powers

Very superficial Can’t believe he gets invited by google.

That glass girl is silly. USA is not going to give jobs to foreign students, look at your H1B and green card policy. Why can't they go back to their original countries? BTW, you American always ask Asian: where are you original from? You American are the most racist and bigoted people I have ever met.

god, those audiences have so many biases towards China and some of them are non-factual. But it is quite understandable, when the west can't compete with China, they will try hardest to find whichever china is not as good to discredit them. Western media is full of non-facts and biases towards China and it misled the people. In comparison, Chinese state-sponsored media are in fact checked for qualities on the pieces of information they are presenting. Of course, it will have biases to protect the government. But it surprisingly has less fake news than the west overall.

Why a Hongkonger? He has a very westnized mindset, IMHO. His understandings of mainland China are superficial. And in many points they are not right. I don't know how many years has this guy ever lived in mainland China. Really, Chinese launguage learning occupys our too much brain space? SO Chinese are less innovative? WTF!!! I am not nationalist. But i can 100% assure anyone, Chinese people are highly creative! China develops from a very low start. So in the past decades we laged behind too much in many areas. But now it is just the begaining. Let us what will happen 20 yeras later... This old man pretents to be a China expert. But sorry. He is not.

Not true. Please don’t believe what he says. China is just a “Third World Country”.

The Chinese were in America long before the Europeans, but they did not stole the land from the indigenous Red Indian to proclaim.

That's not Chinese culture you dumb twit. That's just something a 20 yr old dating contestant said that was bashed online.

Steve Job (Apple) calling Bill Gate (Microsoft) a thief when he stole from Mr. Sim (Creative)?

Cool info. But I don't appreciate the way he put some shades indirectly. Like the last example of the talk. All the people in china don't want to share. Or if there is a way to cheat the system, Chinese people will. A lot of them are not directly relate to China as a country but rather human nature. Not saying China is great and all, but just be respectful and take into consideration certain things happen for a rational reasons. A lof the statements are also debatable and I think George can really study more about the asian wisdom before holding this judgmental thoughts

Agree. He is another banana man.

What are the big breakthrough innovations? Bike sharing?

@Thompson david The WEST still don't know what is sharing⁉️ US banker/ multinationals etc have BEST time of last 20 years‼️They don't share with YOU⁉️ You Poor Boy ‼️

He was born in Vietnam, maybe that's why he doesn't speak any good Chinese or good English, for that matter.

CJ YX lol Sad.

Shut the fuck up. retard

兔快跑 I’m not a hypocrite the people responsible for those the war crimes should be brought to justice. Either way it in no way mitigates ongoing Chinese crimes.

4 millions Vietnamese were killed by Americans. Iraq was destroyed by America. Millions of innocent people died. Where is their chemical weapons? Why don't you retards care? Hypocrictical motherfucker

Alex Mercer I yeah mass murder still upsets me and the other “retards”

The butt hurt is in those embarrassing themselves by defending a dictatorship that steals technology rather than doing it’s own research and hard work. Shameful apologetics

this is satire right? the world is certainly a positive sum game. go die off you dinosaur. your opinion is reflective of your generation and the wars of the world is consequences of it as well.

The world is zero sum game. If China has a big part in it, which is for sure happening, western sphere, especially Anglo-Saxon sphere, will see their benefit vastly reduced (no more expensive airplane (AirBus, Boeing), no more expensive drugs, no more expensive Intel CPU, etc.)

To the girl at 36:05, I hope you realize how ridiculous your question is. Mr. Yip's answer on the other hand is full of lies. Shame on him!


IwasUnknownUser wait who’s jealous of the overpopulated cesspool ruled by a Communist dictatorship?!

Heather Larson China shames itself all on its own. Well, things like the opium shamed it too.

They are just trash who is jealous and low.

Trust me. There are many haters hoping to break China apart (spiritually) by constantly trashing China.

Of course you losers are brainwashed to hate top down leadership; it's good for your CEOs to make more money for themselves.

Alex Mercer A sad, pathetic attempt at apologetics, Chairman Meow

@Roy Again, another LOSER SOUNDS like‼️.....

your mind is trapped and has entrenched biases towards non-democratic governments. You are brainwashed by western propaganda and believed democracy is the way to go. But it does not mean the best in our world with millions of different cultural values and traditions. What is democracy aiming for at the beginning: social mobility, a government that represents people and a competitive policy-making process (because more people are involved so they assumed it eliminates biases). Now when you look at the major democratic countries. They have failed in all of them. But chine achieved all 3 with the way the western social scientists believed just to do the opposite. they are all pseudo-science of course.

Heather Larson what British control? You mean printing worthless pound? Paul says innovation happens near production line,, China control worlds production and supply chain,they produced every single item of every single person in the world consume, they manufactured everything including airplane and satellite equipment

Exactly! Good to mention that Britons destroyed their manufacturing industry in favor of financial services, with the assumption that they're keeping the top position in the food chain (money) while letting stupid/low-life people in 3rd world (like China, India) do hardwork of mining toxic materials, then manufacturing, then transporting... The Britons simply sit in comfortable rooms and control everything!

XJLCA China is the one that can’t compete that’s why they have to steal by industrial espionage. Shameful

@Daniel Ortega Are you Lost some⁉️ Your Job⁉️ Your Home⁉️ Your Wife⁉️ Your kids⁉️ Is China STEAL all from you⁉️ You Poor Boy‼️‼️‼️

@Vance Joudrey It's ironic that you accused China stealing, and then change the topics to Opium War, what are you real intention? Did China send army to your country and kill your people like USA did in these years? Almost all wars after WWII were started by USA. Opium war was shameful for British but not for China, just like today's USA, can't win trade with competitive products, but intimidate China and EU countries to accept sanctions, who is more shameful? Be honest, you are still a loser, who still believes in rules of jungle and winner takes all. So why do you complain and pretend you or USA is victim? You are just a hypocritical racist, that's all.

@Vance Joudrey All countries exploit their people, and there are lots of bad governments. You are not intrinsically kind and sympathy to Chinese people, you are just using your bias to distort the topics. You are repeating the fact you are biased and prejudiced against Chinese government and people, that's all. "Occupy Wall Street is a leaderless resistance movement with people of many colors, genders and political persuasions. The one thing we all have in common is that We Are The 99% that will no longer tolerate the greed and corruption of the 1%." are you the 1%? NO, you are just a pathetic trash who is jealous and useless. Tell us, what kind of invention you contribute to the world? Nothing. Most so-called inventions were from scientists from Europe and Asian immigrants. It's also embarrassing and shameful that you are using English you copies or stole from British.

@Vance Joudrey You are just a racist. JAPANESE EXECUTIVES CHARGED IN I.B.M. THEFT CASE You are just a piece of shit and garbage. U.S., U.K. accuse Russia of launching cyber espionage campaign Robert Gates: Most Countries Conduct Economic Espionage The former defense secretary says that as many as 15 countries use espionage to steal US trade secrets and technology. You can go home and fuck your mother. You are just a shameless and disgusting trash.

Titus P China hasn’t gotten over the opium wars you silly hypocrite. Although that was a rather shameful event for them, they should let it go.

fu yongchao lol they don’t “need”China to do it at all.Note all those things were invented in the west. China is just exploiting it’s people with this dictatorial government keeping costs down. Embarrassing that you would consider something so shameful as a positive.

IwasUnknownUser other countries do without stealing intellectual property through industrial espionage. I completely admire class acts like Japanese I’m not racist at all.

Vance Joudrey no , denial appears in your backyard now. Instead of focusing on the past we need to look at how to compete and cooperate not whine about it.

Vance Joudrey is just a typical racist and disgusting trash. All human learns from each other, not a single people can monopolize everything on earth, especially, why can't other people or country advance their country and society?

You American stole everything including the land from other people. You are not morally sound and superior, and your reply is biased and disgusting.

You think american intervention in WW2 and then Marshall plan were free? Lol.

Vance is so butthurt it's funny

The concept of capitalism is theft, and taking advantage of one another, either ideologically, socially or economically. Nothing more, nothing less. The op was crying over something that is a natural result of capitalism.

v so So capitalism is making people stupid? Lose the basic cognitive ability of things? I think the capitalist brainwashed more.

That's the nature of capitalism, if you want something different turn to communism comrade Vance.

Are you kidding?We all began to imitate when we were born,it's a learning process for every species in the world...

I don't care what you say. In fact, I don't think the company in your country is more stupid than you.

You mean the same way the US stole technology from the Germans after the war? Pot. Kettle. Black.

So many gross assumptions of people/culture, not good

China is doing what US was doing a centurary ago, what Japan is doing half centurary ago. It's cheap to copy when the market only want products that are 80% as good and 30% the price. But as they expand beyond the domestic market, their companies need to internationalize in many ways, and invest heavily in R&D

41:25 on language. Spelling is dying

Will Smith said: Whenever you want to do something on the next level, you gotta do what the people who do it great do, imitation is the first step to massive mastery and success. watch 1:07-1:45.

Let's talk in the language he can understand and well-received in America. It was a CONSPIRACY! It was the aliens and illuminati working with Soros to undermine the government, and those communists were smart enough to consult Satan and the almighty unicorn, so they opened a dark portal and sent the students protesters to another demension. That's why the government claimed there were no massacre.

Vance, it is actually a lot of fake news. Trust me, I've done study on this thorougly, you can watch some of Liuxiaobo's statements over this, he is the Nobel peace winner and prosecuted by Chinese government, he insisted that there is no massacre at the sqaure.

1. He probably meant no credit card(credit system) not bank account.

Yeah, because a true innovator needs to reinvent and rediscover everything by himself, including calculus, gravity, electricity and even the wheels; otherwise he's just another theft.

Vance Joudrey All the big powers steal before becoming great.If u lament or feel indignant ,then u don't understand how the world works.Just like I feel indignant when US makes nearly everyone use its dollars to buy oil.What can I do? Cry like u?

@Vance Joudrey It seems almost all users believe you are a clown, and a cheap clown, you are pathetic.

It's not embarrassing to me. I am using English, and British people didn't say I steal English from them, and they are happy I can use their language skillfully. Are you decedent of British? I doubt, because even British is not as shameful as you.

fu yongchao lol, clown.

Danger Zone No I don’t mean that way that’s different and that’s not necessarily a good thing but it is massively different and you’re just incredibly ignorant or fundamentally stupid if you can’t see the difference

Alex Mercer I Of course not, not when shameful, cheap thieves steal it.

IwasUnknownUser No it’s embarrassing you are using English and saying that I should be embarrassed for speaking my native tongue and that of my ancestors. The rest is just sad twisted apologetics that any rational reasonable intelligent person should be deeply embarrassed - more than you already should be.

I don't understand this urge to go around touting Chinese innovation everywhere. Who cares if some 13 year old kid in his basement or some 53 year old laid off coal worker in Ohio gets their kicks talking about IP theft? China should just shut up and let the work speak for itself. The smart people will spot the opportunity to make money. The opinion of these other people don't matter. The same people were talking about Japanese IP theft in the 1960's, Korean IP theft in the 1980's, Taiwanese IP theft in the 1990's. BTW the Europeans were talking about American IP theft in the 1800's. Did accusations of IP theft hurt these economies? Use the hate as fuel to innovate faster. Come 2025, then let's see if people still talk about IP theft.

his first name is George, i rest my case.

This guy holds a lot of outdated stereotypes about China. Somehow he he gives me the vibe of a foreigner, not even from Hong Kong.

There are casualties here and there that night due to conflicts, I am saying that the reported "masscare" right at the square did not happen.

Vance Joudrey..The United States, Israel, The Gulf States & EU shame the world wit' all it's war's so what are you sayin'?

If I told you ALL the stuff European's got from Arab' would freak out.

J A..England got tea from China..America got Yoga from India..African American's created Rock & Roll AND Jazz..Jazz is heavily performed in Russia & country's just a derivative of the blues..That's why racism is ridiculous

Daniel Kane..that sound's racist.."the trust thing"

Daniel Kane..China's never colonized..However..THEY'VE BEEN COLONIZED.

One of China's favorite car's is the Tesla..

Dimitris Tsagdis..They're ahead in "clean-energy innovation"..

Vance Joudrey you are kidding right ? Japan ?! They took everything from the states! You may not be a complete racist but you sure are ignorant. After ww2 , the Japanese were the cheap labor and producing bad products .... Toyota got a start building trucks and cars that make one way trips ! I guess you are proud of Japan killing millions of innocents and stole their wealth or perhaps you have forgotten Pearl Harbor .... American history is not so different as native Americans were wiped out and African Americans were enslaved for 300 years. Really ... are you really sure copy and stealing ip is worse than mass murder and slavery. Look no one is perfect but education and time helps.

Oh for all the purist Americans who think everything they do is original. Your aerospace industry was founded by a Nazi war criminal, so let’s lay off the insults, you’re definitely not one to throw rocks when you live in a glass house built by Nazis Just google ‘operation paper clip’ you weren’t satisfied to copy so you just grabbed the scientists and brought them back to America

Why wouldn’t Chinese students stay in the US after school? Because they’re probably on student visas. Would you have them staying illegally in the country? Smh

Another Asian banana(white on the inside, yellow on the outside) who don’t know Chinese past his name, trying to be China expert. Sorry.

This Yip guy is brain dead. There are lots of big cities in China, people don't carry cash anymore. They are using Alipay and WeChat wallet to pay for most of the items in stores. They don't use credit cards and cash. Cashless payment needs a bank account. This SOB gives out false info to the public. Shame!!!!

Wright brothers I’m sure came up with the aeroplane in a vacuum, no need to learn from birds right?

Also the Chinese boss comments, his comments is lagging to the time.

The Professor worked for CEIBS before is not well connected with Chinese and not well understanding Chinese, especially in supervisor portion of video.

Hong Z. Yes we’re still using horse and carriage here nothing to see here. Go away now

Ty coon lol you must live in some utopia. Because Westerners have never exploited anyone right?

This is the most ignorant shit I’ve seen here lol what?! It is better you dumbass

Daniel Kane, you have a reputation of being racist.

Beijing in 2013 when you walk on the streets you barely can see over 60 feet in front of you, especially in the winter, similiar to London and Berlin in the 60s and in late 19th century, also in cities like Detroit in 50s and 60s. It is happened in many major cities in China. Their government knew exactly the dire problem they are facing, the smog problems reaching emergency level that become dangerous for human to hangout outdoors. Then the central government taking extreme measures from top down. Now in 2018 the smog suddenly disappeared. Why...? Western major cities in the 60s need decades to tackle the smog problems while in China they only need 5 years to do that, 5 more years from now the air will be even clearer. You know the Chinese government known for getting the job done, they are very competent for solving problems in efficient way from top to down. In 2013 7 out of 10 most polluted cities on the list are Chinese cities. Fast forward 2018 there are only one Chinese city left on the list of top 20 most polluted cities in the world, like I said when the Chinese government means business then they are mean it seriously. And today on the top 20 most polluted cities are occupied by Indian major cities like Delhi.

Vance Joudrey I think you are mixing up your comments after so many critics, what did I say that was silly or hypocritical? You are an idiot and waste of time.

Call it whatever you want but you cannot deny it is very effective. Make no mistake this is a war by any other means, and china is winning.

End line, her comments were rejected and people got married on bicycles all over China. But I found this talk really insightful and educational.

you are narrow-minded. idiot, how much do you know about China? shame on you !

what is cherry? a fruit? or it is a night club girl name?

+Daniel Kane you white has a history of genocide, you killed almost all native American, you took their land, but left a little piece to show your mercy, really hypocrisy

Daniel Kane "Chinese have a reputation for being dishonest. " Like what? what reputation? Like colonialism? slavery? the opium war? like what reputation? bombing innocent people? instigate civil uprising and protests in other countries? supplying weapons to the terrorists? oh gosh what reputation are you talking about? According to Nature Index, China has the world's second largest high quality science output. Want me to continue? By the way, your kind have lower average IQ. It's scientific to say you are inferior. And there is a good chance that you, yourself, are inferior to me in intelligence. Cunt.

Samuel Liu That is so true. I miss Shanghai will go back some day soon.

dual screen tv because of selfishness?! to lower divorce rate in China? does he have supporting data for that? how could he make a statement like this?

The thing she also failed to point out is that US schools increasingly need overseas students to help generate revenue (since they pay such high fees)... So they need Chinese students. But it will probably change in 20 years anyway as China continues to expand it's university system. It's currently easier for a lot of those students to get a seat in a US college.

Dimitris Tsagdis - China only opened up 40 years ago... It had to industrialize before it could innovate... Do you not remember how polluted the US and EU and South Korea and Japan were... It will take a decade for China to really clean up... But they are doing so.

Daniel Ortega - how do you steal things that don't exist? Also - US and European companies make lots of money selling licenses to Chinese companies. Buying something and then learning and doing it better is not stealing. He spoke of German car companies. German car companies buy each other's cars and take them apart and use them to try to figure out to beat each other.

Vance Joudrey - get off the computer then since the binary system that helped computers develop were based on Chinese writings taken back to Europe. Don't read newspapers either since China invented printing. Don't use any money either since China invented currency. See how your life works.

Vance Joudrey - and both the US and Russian space programs are because they gave Nazi scientists a free pass in order for their help... So tell me who is immoral! And saying the Chinese space program is the same as the Russian just makes you sound clueless.

simon wang no dog, times are changing it’s going to be dealt with this time. China will have to start behaving or it will be confronted militarily.

Weike Gao That’s idiotic Chinese is a condoms dictatorship a totally censors the news and tells you what to think. That probably explains this ridiculous post

Franklin Fang Well then they should probably get someone who knows what the fuck they’re talking about

XJLCA It’s not ironic he doesn’t need to facts, he is just excusing the theft of intellectual property by the Chinese.

DO you have a car worth stealing? As we knew, you are just a racist. Who told us that Japanese and USA had no intellectual property issues? You were just slapped by us, and now you are still behaving like a clown. Are you retarded or a moron?

IwasUnknownUser Who is jealous it’s China that’s shamelessly stealing other people‘s hard intellectual property. If you steal my car I’m not jealous you are. Get yourself together, fool.

Cool, dog. Show me a man who is good at pleasing his wife and I’ll show you man that slept with another woman before - think about that when I’m fucking your wife. You see that’s the difference it could just be a regular relationship before or it could be a dirty affair. Well this could be copying to learn, but it’s not, it’s outright stealing other people‘s hard work.

If you are not jealous or low, why are you watching the video and caring so much about China? No one asks you to China, no on cares about you, because I don't just like you. No on kicks a dead dog, why don't you watch video about Indian or Saudi Arab to bullish your theory. So you are just a fucking loser and retarded mother-fucker, that's all.

Daniel Ortega me fucking your wife is Another name for social services.

Amidat those were not copyrighted intellectual property, stupid, and using that logic you’d still have to give up way more.

Titus P stop drunk posting, dog, you’re losing the plot

Titus P Pathetic attempt to excuse Chinese stealing and laziness

IwasUnknownUser Only in your fevered nightmares, flapjack.

IwasUnknownUser I am , and you do not use English skilfully. I can tell you that emphatically.

IwasUnknownUser Do you need to calm down take a deep breath. You have to organize your thoughts into something a little more coherent.

IwasUnknownUser No I’m not and that article is nothing to do with me - you’re a complete idiot.

Titus P OK buddy when I fuck your wife and steal your car - a couple weeks later don’t whine about it we’ll have to just cooperate and move forward OK!? Good.

Heather Larson no nobody said that so why would you think I would think that. That’s pretty freaking stupid buddy

A lot of the products manufactured in China are trash quality. For example West Lake, AKS, and Compass tires were 3 of the 5 worst tires in one report on tire safety sold in the US. All 3 had mandatory US government recalls. Contaminated pet treats, fake Samsung micro SD cards purchased from Ali Baba (I'll never buy anything from them again.) Many Chinese made small appliances were flimsy or broke with far less use than we expected. The chemical pollution in China is so bad it finds its way into completely unrelated products like building materials. Buyer beware. Poor quality products are no bargain.

Are you kidding me ? This damm chinese....

No reason Google not there is cause slave control can't have the slaves learning how to free them selves

At 12 minute mark, on just one slide, he makes two rather small, but still foolish mistakes that perhaps undercut a lot of his credibility and knowledge across the board. First one, Midea, the buyer of Kuka, is not a "medical device company". Second, Aixtron is not a semiconductor manufacturer.

越听越觉的,他就是个给傻子们讲命相的,江湖忽悠。 好多信息都非常扯啊~~~~

Another proud descendent of General Ye Dajing who first settled in Guangdong Province in 1276 leaving Gaifeng/Lin'an soon before the fall of Southern Song dynasty. #Ewaz_Nazari1 0093702870024 #keyinternationalenterprise #education #university #business #afghanistan #smart #Change #support #investment #startup #AI #creativity #GOALKEEPERS17

there is not innovation in china, please be happy, /dog

Although some of the points are true, this man can't think deep and broad, but on the surface and in a very narrow view.

This seems less about the invitations of China and more of the flaws of the United States. It's causing disinterest.

Agreed with some of the comments quoted above, this gentleman doesn't really know too much about the REAL China.

I can tell you why. They try to maintain the world order they have built by spreading their ideas and system. It is called establishing norms. But norms change and they try to resist the change by reinforcing the old norms. But now they don't even believe it themselves anymore. It is in fact eroding from its core. It is a lie that can't sustain itself

you can tell me chinese media tells me what I think. But I have also proved it with my own eyes. I won't keep arguing with you until you stop using those intolerant and uncivilized words.

At least our chinese will not be rude enough to call other people's opinion idiotic. We will only call it different. The way you replied makes people think your people is intolerant towards other people's ideas.

you are ridiculous to think that your opinion is totally unbiased. Let me ask you, how many times you hear democracy or American dream on American media? At least five times a week? i don't know what it is if you don't call it propaganda. Your media funded by many private interests and corrupted people tell you all other enemy country use propaganda but they don't. It is just a shameless lie. I was indeed educated in the united states since high school. And I have seen it crystally clear how hypocritical something is.

the superiority of democracy is a western conspiracy and pseudo-science. They try to build norms and make everyone sound equal in nominal terms. are they really equal? of course not. It is like putting bunch athletes and cripples on a race track and applying same rules. Of course, those athletes will run faster. It is used for those wealthy and privileged and to spread democracy is to expand their global exploitation. China has its own political philosophy and principles and it has worked for thousands of years. How long has democracy worked? hundreds of years maximum and full of crisis and inefficient bitch fights.

I think you have so many biases toward China. Actually, the party is formed by common people instead of robots, they also need to eat, sleep and fuck. Why do you think they have so much time to impose constraints on the media if the things are not about politics and their rule is not threatened? Moreover, China has a dictatorship history for more than 2500 years, who cares whether it will be ended today or tomorrow? The people only care whether their lives are affluent and whether they can make money tomorrow. I am so wondering why the westerns have so much self-satisfactory towards freedom or democracy. I can't say these things are not good, but maybe it didn't work quite good in China. The world runs not only in one way.

战忽局的同志 辛苦了

Communist china has since been a theft of IP rights and copycat of western technology and brands, it has no signs yet that china has started to transform itself to be innovative driven as the west, but rather communist chinese intensified its pace of stealing and espionage activities particularly on the US military hardware and related technology, no way china can move forward playing the same rules as the west do !

Fantasizing about chinese innovation when the chinese still don't flush toilets.

It’s Chinese like that, that cause Harvard to rate Asian with low personality traits.

This Yip motherfucker think he’s a Chinese expert or something. No one in China dare to make that claim cuz China is huge and diverse. White ppl got be laughing hard inside hearing him say he is one of them.

Wtf the Chinese student pay top dollars for education here. The us doesn’t just invest in Chinese students.

It's not imitation, but just to show what you're doing is a piece of cake. I could make it with my son's clay toy.

The idea that the US is some hotbed of innovation and not based on theft is hilarious.

Sad to watch a "expert" using stereotype of Chinese culture to explain Chinese innovations.

This old guy is just a banana(a white soul with yellow face only ) who just cheating the west and himself about what has been going on in China in recent 40 years...

This old guy is talking shit about the reasons why we dev. e-pay and privacy policies here , but the westerners seem to like it.

Some Chinese think they can just say dumb statement like that cuz they are Chinese themselves. Inferior complex


Thompson david chinese always claimed that the invention of paper, gun powder, printing and compass by their ancient ancestors have most profound impact in history, and thus changed the course of human civilization, and so, they are vey proud of being chinese and so........, lol

Why shame him for it? The chinese are taught to lie from childhood, its what they do best.

K lu, yeah, in a way, I agree with you.

Why are you telling everybody Yip's mistake? Let him go around being a guru to the west giving them wrong advices. This will help give China another 10-20 years of growth.

No they don't you stupid fucking idiot.

I'm Chinese. This man makes a lot of weird claims. What is Chinese culture? Sitting in a BMW and cry? Come on, dude. This is like saying Western culture is Justin Bieber.

China is just a developing country. dont worry.

This guy is just another well educated guy that has been fed the line of the party and for some reason believes it. Please people just because it says Google don't believe what he is saying.

People need to stop saying oh Chinese is just a copycat. In the world of science and technology, it's meaningless to reinvent the wheel. If they are already there, we SHOULD just use it, and then innovate on top of them.The innovation part is happening in recent 3 years, and you'll see more in the coming decades.

you can't , cause toilets flush itself,

He is a living dictionary that explains only one word: hearsay.

+Vance Joudrey You shamed your parents by making that statement. You parents spent money educate you and you ended up uneducated. Asshole!

Dimitris Tsagdis have u ever been to China?or u just believe ur stupid media?

+Dimitris Tsagdis London waited 50 years, so did Chicage. So you just wait....

About his last comment, if that girl stands for chinese culture, then another TV "star" -- Kim Kadarshian shows us American Culture all about. Just another self-hating HongKong ppl who lost their identity.

when I heared he said they built dual TV to decrease divorce rate, I click the thumb down .

You are right, fuck Aussie.

No, Aussies are silly and primitive, White Americans are arrogant and ignorant.

that is because you haven't met Aussies yet lol

Hong Z. U never being to china?

internet sharing economy is alike socialism push the world to pay less and get same production and service

Franklin Fang rewind back, he clearly said most Chinese do not have bank account, in addition to credit card

Vance Joudrey another Indiot spotted!

Dimitris Tsagdis don’t you worry, China have done a good job in green energy in the recent years! You should worry about the pollution in your country instead! And ask Modi to build some toilets for you disgusting yellow teeth dark brown monkeys should be the first priority for your country!

Vance Joudrey the poorest country to compete in the global economy is India, do you know?

Daniel Ortega Do you know illegally come into this country from South America is worse than a theft?

How many scientists are imprisoned in the United States? Who is the thief?

Everything in life is from imitatiing from other to innovate and make it better. From airplanes, cars, boats, smartphones, sports, movements even the way we speak etc...

I’m generally disappointed. He really doesn’t know very much about China. His knowledge is superficial and offers no insight. Waste of time listening to him.

You guys should stop listening to someone who look like Chinese but white on the inside. It's like listening to a 5th generation black American talking about Nigeria.


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