Back from vacation. As an American, i feel poor.

[patientlywaiting]

So China has the first trillion dollar company.

http://money.cnn.com/2007/11/05/news/international/bc.as.fin.china.petrochina.ap/index.htm

China starting to have the biggest of everything (dam, building, university, etc..), just like America did a century ago.

We need to worry when China gets to become the biggest consumer market. We are still some ways from that but it’s not a question of if but when.

They already have the biggest cell phone market and soon to have the biggest computer market. Eventually, we’ll have to follow their standards.

Remember San Diego’s Gateway Computers? It’s now Acer of Taiwan/China.

[patientlywaiting]

So China has the first trillion dollar company.

http://money.cnn.com/2007/11/05/news/international/bc.as.fin.china.petrochina.ap/index.htm

China starting to have the biggest of everything (dam, building, university, etc..), just like America did a century ago.

We need to worry when China gets to become the biggest consumer market. We are still some ways from that but it’s not a question of if but when.

They already have the biggest cell phone market and soon to have the biggest computer market. Eventually, we’ll have to follow their standards.

Remember San Diego’s Gateway Computers? It’s now Acer of Taiwan/China.

[bsrsharma]

Remember San Diego's Gateway Computers? It's now Acer of Taiwan/China.

IBM PC is now Lenovo

Huawei is buying 3Com

Cisco is increasing its footprint in China

Intel is opening fab in China

…..

I am predicting at least one of the big 3 Autos will end up Chinese.

[bsrsharma]

Remember San Diego's Gateway Computers? It's now Acer of Taiwan/China.

IBM PC is now Lenovo

Huawei is buying 3Com

Cisco is increasing its footprint in China

Intel is opening fab in China

…..

I am predicting at least one of the big 3 Autos will end up Chinese.

[bsrsharma]

Remember San Diego's Gateway Computers? It's now Acer of Taiwan/China.

IBM PC is now Lenovo

Huawei is buying 3Com

Cisco is increasing its footprint in China

Intel is opening fab in China

…..

I am predicting at least one of the big 3 Autos will end up Chinese.

[bsrsharma]

Remember San Diego's Gateway Computers? It's now Acer of Taiwan/China.

IBM PC is now Lenovo

Huawei is buying 3Com

Cisco is increasing its footprint in China

Intel is opening fab in China

…..

I am predicting at least one of the big 3 Autos will end up Chinese.

[kewp]

We need to worry when China gets to become the biggest consumer market. We are still some ways from that but it’s not a question of if but when.

As long as they keep consuming US higher education products, its all good to me.

However, I don’t see them setting standards anytime soon. Given that intellectual property has no value in China I can’t see the incentive, from a free market standpoint, to innovate in that area. There is a very good reason that all the best tech comes from the West.

Anyways, from a quality-of-life perspective, the average American enjoys a much richer experience than the average Asian. But we both trail the Europeans by a significant margin.

[kewp]

We need to worry when China gets to become the biggest consumer market. We are still some ways from that but it’s not a question of if but when.

As long as they keep consuming US higher education products, its all good to me.

However, I don’t see them setting standards anytime soon. Given that intellectual property has no value in China I can’t see the incentive, from a free market standpoint, to innovate in that area. There is a very good reason that all the best tech comes from the West.

Anyways, from a quality-of-life perspective, the average American enjoys a much richer experience than the average Asian. But we both trail the Europeans by a significant margin.

[kewp]

We need to worry when China gets to become the biggest consumer market. We are still some ways from that but it’s not a question of if but when.

As long as they keep consuming US higher education products, its all good to me.

However, I don’t see them setting standards anytime soon. Given that intellectual property has no value in China I can’t see the incentive, from a free market standpoint, to innovate in that area. There is a very good reason that all the best tech comes from the West.

Anyways, from a quality-of-life perspective, the average American enjoys a much richer experience than the average Asian. But we both trail the Europeans by a significant margin.

[kewp]

We need to worry when China gets to become the biggest consumer market. We are still some ways from that but it’s not a question of if but when.

As long as they keep consuming US higher education products, its all good to me.

However, I don’t see them setting standards anytime soon. Given that intellectual property has no value in China I can’t see the incentive, from a free market standpoint, to innovate in that area. There is a very good reason that all the best tech comes from the West.

Anyways, from a quality-of-life perspective, the average American enjoys a much richer experience than the average Asian. But we both trail the Europeans by a significant margin.

[mrwrong]

Comparing today’s China to today’s US is not going to be very meaningful and trying to defend the obvious fact US is better than China only demonstrates US insecurity.

What’s more meaningful is comparing today’s China against itself 20/30 years ago. I think there is no doubt that tremendous progress has been made since the 1970’s, at least based on the Western standards for progress.

Mr. Wrong

[mrwrong]

Comparing today’s China to today’s US is not going to be very meaningful and trying to defend the obvious fact US is better than China only demonstrates US insecurity.

What’s more meaningful is comparing today’s China against itself 20/30 years ago. I think there is no doubt that tremendous progress has been made since the 1970’s, at least based on the Western standards for progress.

Mr. Wrong

[mrwrong]

Comparing today’s China to today’s US is not going to be very meaningful and trying to defend the obvious fact US is better than China only demonstrates US insecurity.

What’s more meaningful is comparing today’s China against itself 20/30 years ago. I think there is no doubt that tremendous progress has been made since the 1970’s, at least based on the Western standards for progress.

Mr. Wrong

[mrwrong]

Comparing today’s China to today’s US is not going to be very meaningful and trying to defend the obvious fact US is better than China only demonstrates US insecurity.

What’s more meaningful is comparing today’s China against itself 20/30 years ago. I think there is no doubt that tremendous progress has been made since the 1970’s, at least based on the Western standards for progress.

Mr. Wrong

[kewp]

Comparing today’s China to today’s US is not going to be very meaningful and trying to defend the obvious fact US is better than China only demonstrates US insecurity.

No insecurity here, man.

The trend is that innovation happens in American/Japan/Europe and the manufacturing is done in China.
Ultimately for the consumer, both are important. If the iPhone cost $1,000 due to being manufactured by union workers in Idaho it wouldn’t have been nearly as popular.

Yes, China has made tremendous progress. But so has America/Europe. They were farther behind so it just looks more significant from over here.

[Author]

Posts