While one admires the way China has developed since the demise of Mao in 1976 ( the significant event prior to the re opening of Chinese Universities that Junko should have mentioned ) it is foolish of us to ignore the fact that this has happened at the expense of American prosperity. Sure the first 15 years of China trade benefited even the lower income groups here ( Wal Mart shoppers ) but now China casts its large shadow over all other than the 1 % who have profited by outsourcng and siphoning off US technology & competitiveness to China and then used their new billions to buy hedge funds & political protection.
I congratulate Junko and EE Times for bringing real discussions on China. It will be the most important market for EE's.
China is the only country where a guy gave up his kidney for an iPhone. They are a vain, unsophisticated, and rich people. It is a marketeer's paradise.
Go West, young man, go West, and don't let the ocean stop you.
Junko, good article.
History context is very important to understand the real reasons of some big movements. e.g. why Moses lead Israel out of Egypt, how the Great Depression lead to WWII. In fact, put into the history context, even Mao started the Cultural Revolution become reasonable.
China is not lack of innovative. To be more accurate, the infrastructure for big innovation is a little short yet.
"Life and Death in Shanghai" by Nien Cheng is one of my favorite books on the Cultural Revolution.
I often think what amazing progress in technology I have seen in the U.S. in my lifetime. And I often forget what progress China has made overcoming this dark period not so long ago.
Thanks, Dylan. I hadn't thought about this either... largely because we all sort of avoid talking about Cultural Revolution when we meet with Chinese executives. But if you put things in the historical context, it makes a lot of sense.
I just can't imagine any time of the history, anywhere, when one had to be not only so smart but so courageous -- to actually "think about" going to college...
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.