In the past, china has relied heavily on the private sector to drive economic growth. But recent investment skews away from the private sector and going to the public. Will that mean that china stops innovating or growing at the same levels? Currently it's not looking good; they also have the trade waror legacy issues. I don't think china is particularly interested inn taking over the world. Historically, that's not what it's really done.
Who do you think the Chinese government considers its biggest rival? The United States, right? Actually, the Chinese government considers its biggest rival to be its own technology companies.
It's China's tech companies who threaten its capacity to build a competitive China. That's why the Chinese government is cracking down on social media — for example, by limiting the number of hours youth can play video games, and banning cell phone use in schools. China's restrictions on social media use may be autocratic, but may also protect users more than what we see coming from the US government.
It’s a complicated picture.
This week on Your Undivided Attention, we're having a surprising conversation about technology in China. Here to give us a fresh take are two guests: investor, analyst, and co-host of the Tech Buzz China podcast Rui Ma, and China internet expert and author of Alibaba: The House That Jack Ma Built, Duncan Clark.