Exclusive: China surpasses S. Korea in key sectors, sparking industry worries
Exclusive: China surpasses S. Korea in key sectors, sparking industry worries
Exclusive: China surpasses S. Korea in key sectors, sparking industry worries KITA conducts In-depth interviews with 30 business leaders operating in China
cross-posted from: https://lemmy.ml/post/20737503
It's kinda inevitable isn't it. If you put more people to study, do R&D, engineering, provide the necessary resources for them to do those things, the more hours worked should produce results faster. You limit the health and safety guardrails a bit and things get even faster. Skip having to do the earlier development by getting foreign capitalists to build factories on your soil and share their IP, and things get even faster.
And company leaders that get too big get cut down to size instead of letting them becoming a monopoly and slowing down.
Skip having to do the earlier development by getting foreign capitalists to build factories on your soil and share their IP, and things get even faster.
"The Capitalists will sell us the rope with which we will hang them."
The news source of this post could not be identified. Please check the source yourself. Media Bias Fact Check | bot support