Sunday, January 08, 2006

Chinese Revolution Turns Hi-Tech

Form BBC:

" Sixty years after the revolution engineered by Chairman Mao, China is in the midst of a different revolution - of a digital variety. (...)

The country is already the world's largest producer of mobile phones, PCs and cameras, which it can churn out in their millions - and all because of China's biggest resource: people.

It is worth taking a minute to look at the statistics, because they are truly amazing. China is the world's most populous country, with 1.3 billion people.

On size alone, it is fast becoming a technology superpower and it almost has no choice in the matter. For example, even though only 8% of its people have access to the internet, this equates to 100 million people online, second only to the US."

Jack Ma, CEO (Alibaba, TaoBao, Yahoo China) talks about competing with Google and eBay in China:
"They could be very successful in the US, in the West, but in China? No, because we're more entrepreneurial than them, in China today. They were very entrepreneurial 25 years ago, but today they're not entrepreneurial at all. They're very corporate."


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