Keyu Jin: What The World Can Learn From Chinese Innovation

The world once looked down on Chinese tech – seeing it as a copycat ecosystem. That was once true; but while the world sneered, China was catching up: China now has the fastest supercomputer in the world, a digital payments market 50 per cent larger than that of the US, and the biggest issuer of new international patents. Seven of the top ten unicorns are Chinese.

Keyu Jin, a professor, London School of Economics, is researching globalisation and the Chinese economy, focusing on bridging western capital and a new breed of fastgrowing Chinese technology companies.

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[NB]

I don't believe innovation is limited to any country or race. anyone can innovate. however the chinese are really independent and hardworking people. I salute them.

[tmq]

When water flows it needs no Xanadu. Build bowls to catch rainwater for birds 🐦

[petermckinley]

This video is about how to pack so many lies in such a small time period!!! I am 100% sure that not even her believes in what is saying. ...

[lihai]

Prisoners can work really hard and innovate something sometime, not mention China, North Korean has nuclear weapon. They both have no freedom, they still can standing there to talk a lot of their success. See a doctor may be the urgent thing for them. period.

[皇胡昂]

To be an innovator you got to be a imitator first. Without understanding the existing system, how can you innovate a new and better one?

[donkeykong]

In the US the trend is less competition...so no wonder lesser innovation

[themiddlekingdom]

Competitions in China are very brutal !

[rickdeckard]

Japan used to copy as well then once they surpassed the West they began to innovate. Same now with China, Korea and it's really great to see.

[bowlampar]

Younger generation of Chinese are getting better educated now, they tend to be much technology and mathematically savvy, we can learn from them too.

[yang]

Copy? Only low tech can be copied. High tech you have to be high intelligent. Have capability and capacity

USA also illegally kidnapped a young lady from Huawei as a hostage in order to obtain money and 5G technology

[superswiftest]

By Jove, she is so talented and speaks so well !!!

[johnwang]

She's great! Reasonable, transparent, fairness.. Well spoken! 💯

[JoachimderZweite]

I am a firm believer in genetic IQ based on race. Like the Ashkenazy Jews the Chinese are just smarter than blacks, hispanics, whites and the rest. The Chinese had an advanced civilization 7000 years ago but it has not fully flowered until now for various reasons. It is this simple - when you give really smart and industrious people the freedom to innovate and develop they move ahead of the pack. Also they do not have a vast underclass of "stupids" like the US does. In the US we still have the greatest universities and we also have some top students but Darwin is not mocked and our social engineering will be our downfall.

[dennymurray]

Historically speaking, China always was the leader or superpower in last 1800 years, and it was left behind only in the recent 200 years. So the US should not get surprised that China becomes the superpower again in the near future.

[Singular]

I can feel the intensity of competition in China as hundreds if not thousands compete in the same market.

The only marketing mix they know in China is "Price" And even if you can manage to survive the margin would be very tiny.

It would be the horrible place for me to invest . 😱😱😱

[donkeykong]

Don’t believe anyone that says you have follow this model or that model...let it be.

[leonardbrikus]

Do you guys know who's her father? ----Founder of AIIB

[dragondescendant]

The old saying is if you make it in New York, you can make it anywhere, the new saying is if you can make it in China, you can make it anywhere. Dense population yield great competition.

[Crane-yplq]

Papa did well, became top honcho of AIIB & daughter in LSE...👍🏽✌️✊🏾