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Alibaba Co-founder Says Many Americans 'Want To Stop China' From Upgrading Its Tech (cnbc.com)
With the threat of Trump's ever-looming trade war with China and his administration's sanctions on Chinese companies like ZTE, it's hard to remember a more contentious period between the two countries in recent times. Adding fuel to the conversation, an Alibaba co-founder alleged that many Americans want to stop China from upgrading its technology and from becoming more innovative. From a report: Chinese media outlets have repeatedly asserted that American complaints about the tech sector are really just efforts to slow the country's rise as a global power. "There's nothing wrong with a country wanting to upgrade its own manufacturing sector, go higher tech, be more innovative," Tsai said. "But then, from the Chinese perspective, what we're seeing is there are a lot of people in America that want to stop China from doing that." After three decades of producing low-end manufacturing goods, Tsai said, China recognizes the need to develop better technology, upgrade its manufacturing sector and focus more on value-added areas like robotics, aeronautics and high-tech medical equipment.
really? No innovation here?
Nearly all of AE still comes from America.
EV innovation is coming from America.
Space innovation is coming from America.
China/India are still trying to catch up with civil nuclear tech innovation from America's 60s.
Most of the items that are made in China but sold in America were innovated in America, not china.
BUT, America is not innovative?
You could only be Porky/Red Tide to have such egregious lies.
I prefer the "u" in honour as it seems to be missing these days.
If you mean electric vehicle with EV, then no. america is decades behind Europe.
What color is the sky on your planet? You certainly aren't basing that claim on any facts (nor did you provide any) so one has to presume you are talking about a different America and a different Europe than the one here on Earth.
Tesla made a new and better battery and manages to sell a nice set of cars ... but in the vehicle itself is nothing really innovative.+
Spare me your attempt to seem unimpressed. "Nothing really innovative"? You might have an argument if anyone else was making more innovative vehicles. Nobody has moved the auto industry more towards electrification than Tesla and to claim their cars aren't innovative is preposterous even if you don't like them.
And during WWII, the USA would only accept payment for weapons and aid in Gold.
For centuries the "gold standard" and the "British Pound" were the defect standard currencies for trade. Because the UK gold reserves were stripped from them by the USA the pound was conferred no longer to have the backing of the gold held in treasuries, so to get international trade the US$ became the standard because they now had the most gold.