The Most Bullish Case for China

Peter Teal: I think China is just like better than the West at academia. But they are also notably worse at industry, especially industry that involves organization and scaling deal making. He says Chinese universities have a similar problem with real estate and tyranny of metrics where there's good research being produced in China but lots of garbage generated to boost citations. Peter Teal: One of the reasons they're so attentive to talent seeking internally is because they are unwilling to invite outside talent.