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The article makes some interesting points. I would just add that for industries where economies of scale are important, China's huge size, including its interna
by woodandsteel 9y ago
The article makes some interesting points. I would just add that for industries where economies of scale are important, China's huge size, including its internal market, is a big advantage. Also, being the biggest means more inventors and hence a greater likelihood of inventions that can be exported.
- yters 9y agoWhat are the Chinese inventing?
- mazerackham 9y agoJust a few - world class manufacturing techniques - world class drone technology - world class civil engineering (high speed rail, bridges) - world class super computers
- seanmcdirmid 9y agoNone of those are inventions, innovations at best, refinements in the average case.
- mazerackham 9y agocool
- yters 9y agoTheir entire government is an cobbling together of western political ideas.