China

The Chinese Approach to Innovation

The Chinese Approach to Innovation

Forbes has an overview of the state of innovation in the Chinese economy.  Most discussions about economic innovation center around questions of technological innovation.  However, authors George Yip and Bruce McKern point out that the Chinese are focused on a number of different types of innovation beyond technology.  They include: Cost innovation: China’s first advantage […]

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US Colleges Continue to Court Chinese Students

US Colleges Continue to Court Chinese Students

According to the Wall Street Journal, Amherst College in western Massachusetts is among the increasing number of US colleges seeking to raise their profile in China: Amherst’s rising interest in China comes as a growing number of U.S. colleges, including New York University and Duke University, are branching out in the world’s second-largest economy. But […]

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Chinese Bubble in the Offing?

Chinese Bubble in the Offing?

That’s the speculation in a recent posting by Bob Davis of the Wall Street Journal: One of the most striking facts unearthed by the International Monetary Fund in its recent review of China’s economy was how much of a risk Beijing was taking by not aggressively deflating its credit bubble. IMF economists looked at 43 […]

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China’s Low-Cost Road to Innovation

China’s Low-Cost Road to Innovation

We’ve previously mentioned the concept of jugaad innovation and how it may eventually pose a competitive threat to high-value-added activities in the US and other developed countries.  This week, the Wall Street Journal notes that, using a jugaad approach, Chinese chip producers are gearing up to undercut Western tablet makers.  And Apple, Google, et al. […]

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China Soon to be Global Leader in Automated Manufacturing

China Soon to be Global Leader in Automated Manufacturing

This from Global Crunch: China currently has just one-fifth the number of robots as Japan, and just one-third as many as the United States or Germany. But Akira says it’s just a matter of time before China surpasses the United States and Japan in having more robots. “The total sale of robots in China last year […]

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China’s Days as the Globe’s Low-cost Manufacturing Center May be Numbered

China’s Days as the Globe’s Low-cost Manufacturing Center May be Numbered

A recent Wall Street Journal article asserted that China may be losing its cost advantage in manufacturing: China’s leaders are moving to shift the economy away from its traditional reliance on low-end manufacturing and heavy investment spending, seeking to build a stronger consumer base at home. A breakdown of Wednesday’s figures suggests a tentative move […]

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