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China vs U.S. in an 'Internet Race'

Posted by ryuzaki0 on from the to-the-tld-alice dept.

avatar4d writes to mention an article on CIO about a new 'space race' on the internet between China and the U.S.. China is currently hard at work at what is being called the 'Chinese Next Generation Internet' (CNGI). With plans to unveil the project at the 2008 Beijing Olympics, the network is part of a plan to leap ahead of the United States in innovation and technology. From the article: "The strategy, outlined in China's latest five-year plan, calls for the country to transition its economy from one based almost entirely on manufacturing to one that produces its own scientific and technological breakthroughs — using a new and improved version of today's dominant innovation platform, the Internet. 'CNGI is the culmination of this revolutionary plan' to turn China into the world's innovation capital, says Wu Hequan, vice president of the Chinese Academy of Engineering and the chairman of the CNGI Expert Committee, the group overseeing the project. 'We will use it as a way to break through and be competitive in the global economic market.'"

1 of 347 comments (clear)

  1. WTF by oh_my_080980980 · · Score: 5, Insightful

    It's nice to know that people's view of China haven't changed in 50 years. US Education system is doing it's normal bang up job.

    Before you laugh too heavily about China's "space seeds," you might want to remember that most American believe:

    1. The earth was created in 7 days
    2. That god created people "as is"
    3. Evolution is a myth

    You see America can trump China in ignorance everytime.

    But let's not also forget:

    1. all the capital investment going into China - China leads the world in foreign investment.
    2. the trade deficit - the US imports more goods from China then we export.
    3. China has HUGE cash reserves, meanwhile the US is running a 6 trillion dollar deficit which will only get larger thanks to medicare and social security benefits, the war in iraq.
    4. almost all electronics and manufacturing is done in china.
    5. china's population - a sellers wet dream. the us' market dominance is fading as more and more chinese have disposable income.

    Kudos to the morons who aren't paying attention.