“The reason why China will never win hands-down in its current economic war with America is the same as why Japan didn’t succeed in the 1980s when all (Americans included) were expecting that its corporations and banks would eat America up. The reason is that both countries are good at copying ideas and technologies; neither is good at inventing new ones.” That argument is Keith Hudson’s post today on his blog.
Continue reading “Why China Won’t Win in This Century”
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