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Reply to "Democracy is overrated - China won "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I will say China for all its faults has changed the world with solar power, electrifying the economy and EVs. Many experts are predicting almost limitless, cheap electric and oil demand falling. Overall this good for the world allowing countries to secure their domestic energy supplies. US should embrace this. [/quote] LOL. The US (ergo, Trump) gave China the solar power industry on a silver platter because he's a total inept businessman. However, in recent decades, China has mostly been a copier of invention rather than an inventor in its sown right, so we'll see what happens. Maybe PP is correct that all the Chinese brain talent will return. [/quote] You are working under false assumption. The Chinese have moved beyond “copying” and now are industrial leads in many fields. The battery, EV, drones and electrification revolution that is going on in China is the equivalent to the moon landings in term of spin off technology. There are a lot of articles about hedge funds visiting China and immediately pulling all their investments out of certain segments of the market. They came to the conclusion the Chinese are just too far ahead of anything in the west. [/quote] Yes it really is an outdated assumption that the a Chinese just copy others. They did so because that is the fastest way to catch up and they don't believe in following foreign laws (and western countries got to get ahead by pillaging others, so who has the moral high ground here?). But once they catch up, they keep innovating. [/quote]
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