Hot Money: Agent of Chaos

China’s Race to Dominate: Listen to Global Tech Wars

18 snips
Aug 25, 2025
James Kynge, a veteran journalist with the Financial Times and author of 'Global Tech Wars: China’s Race to Dominate,' discusses China's rapid technological advancement. He highlights how Shenzhen has transformed from a manufacturing hub to a leader in tech innovation, showcasing companies like Tencent and DJI. Kynge delves into the geopolitical implications of this shift, comparing China’s collective, innovation-driven approach to the more individualistic strategies of the West. He emphasizes the competitive landscape of global tech and its future impact.
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ANECDOTE

Inventor Chooses Shenzhen For Rapid Prototyping

  • Noah Zirkin moved from the US to Shenzhen to prototype hardware using local markets and factories at extreme speed.
  • He and others can iterate on prototypes in 24–48 hours thanks to Huaqiangbei supply chains.
ANECDOTE

Startup Built Robot Prototype In Two Weeks

  • UiBot built an anti-pandemic robot and produced a first prototype in 14 days during COVID.
  • The company credits Huaqiang North components for achieving that speed.
INSIGHT

Shenzhen Made China A Global Tech Creator

  • Shenzhen companies like DJI and BYD now lead global markets in drones and EVs respectively.
  • This shift shows China moved from copying to creating globally dominant tech brands.
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