Economist Podcasts Made (entirely) in China: a tech behemoth rises
Jan 2, 2020
Hal Hudson, The Economist's Asia technology correspondent, and Zan Smiley, editor-at-large, dive into China's surge as a tech leader. They discuss how Chinese companies are shifting from assembly to innovation, especially in sectors like semiconductors and electric vehicles. The duo also explores the cultural and economic struggles of indigenous communities in the Bering Strait. Finally, they shed light on the secretive world of private tutoring in North Korea, revealing the nuances of education and government control.
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China's Tech Ambitions
- China is shifting from mass-production to technological innovation.
- This creates tension with the US, as China seeks to control design and export.
China's Tech Dominance
- China has become a leader in nuclear power plant construction, surpassing Western companies.
- They are also rapidly developing in electric cars and computer chips.
China's Chip Gap
- Chinese chips lag behind Intel's by about 10 years. The Chinese government's focus on prestige projects may hinder development.
- Experts suggest focusing on specific market areas for better development of chips in China.