The things that amuse me most at nation state level are ...
1) US policy makers inability to understand the Beijing model (fig 1)
2) China's ability to anticipate and focus it's investment on just prior to the point of industrialisation across many value chains (fig 2 & 3)
1) US policy makers inability to understand the Beijing model (fig 1)
2) China's ability to anticipate and focus it's investment on just prior to the point of industrialisation across many value chains (fig 2 & 3)
Back in 2015, I used this to estimate who would dominate various value chains (US or China, please note it's not a zero sum game). When I explained this to many VC / Execs in US, it was usually dismissed. Less so today. I've marked on (in red box) where my 2015 estimate had 2018.
They key thing to note with China is to adapt to the changing game and to increase the standard of your own gameplay. I have also noticed that today, China is becoming particularly concerned over IP theft by the US and it is becoming protective of its own management practices.
Of course, try having that conversation with many US players where you explain that China is already ahead or far ahead in fields like Genetics, Robotics, VR, AI etc. You can almost see the blue screen of death / does not compute etc.
