The key aspect that the article missed is that

China lacks the innovative spirit!

Most people or companies chase after immediate profit but neglect investment in future R&D. China is #1 in counterfeit or knockout products but lags behind when iconic novel products are counted.

Those foreign companies which take the lion's share of the profits did so by holding the core technologies that support or enable those hot-selling products.

By investing in future technologies and truly innovative products, China can have a sustainable future in the world economy, not as the biggest manufacturer, but as the most productive inventor.

The world is changing. So should a nation as great as China which stands at a crossroad.

One muggle

所有跟帖： 

• Typo: knockout products -> knock-off products -rubikscube- ♀ (0 bytes) () 07/24/2009 postreply 13:57:14

• Good read. Thanks! -Rubikscube- ♀ (613 bytes) () 07/24/2009 postreply 14:14:18

• Not the rootcause of the problem. When the policy is flawed, th -lillyflower- ♀ (0 bytes) () 07/24/2009 postreply 14:11:31

• I beg to differ. -rubikscube- ♀ (1763 bytes) () 07/24/2009 postreply 14:52:29