Joe Biden: "Name one innovative product from China"

[rott]

The best part is they are still printing the $$. Need one say more? PRINTING?

 

[IND151]

Since this is a defence forum, what about the world's very first Anti-Ship Ballistic Missile, the DF-21D?

Dont get me wrong CD, but he is right up to large extent.

When it comes to innovations and patents US and west simply dwarf others.

Only Asian nation who can compete with them in this field is Japan.

I wish both China and India emerge as innovation powerhouses.

 

[Viet]

Chinese technology? they think of cheap labor for Walmart, and working in Japanese -owned factories.

oh....that hurts

China is a nation that will always be secondary to our national interest. China does not command awe from us. Awe and respect is reserved for the United States; the only country who defeated us in war.

what about the Soviet Union? the Red army crushed the 1million men Kwantung army.

 

[BoQ77]

Joe Biden is true, so surprise !!!
He also means if the design is not from China, then when they move the orders to other countries, China would have no "new innovation" made in China.

 

[gambit]

Since this is a defence forum, what about the world's very first Anti-Ship Ballistic Missile, the DF-21D?

What is so 'innovative' about it ?

Name a few.

NAND memory by Toshiba, for one.

 

[Snomannen]

Although he exaggerated the actual situation, the Chinese government should really care more about copy right.

 

[xunzi]

Joe Biden is wrong. China does innovate
By Charles Riley @CRrileyCNN May 29, 2014: 7:09 PM ET

Joe Biden described China this week as a nation incapable of producing innovative products and ideas.

"I challenge you: Name me one innovative project, one innovative change, one innovative product that has come out of China," the vice president dared cadets at Wednesday's Air Force Academy graduation.

In fact, innovation is a key driver of China's economy. It has been for years, and the government is putting money behind it.

Chinese companies are increasing research and development spending by up to 20% a year. Meanwhile, R&D spending in the United States is growing at about 1% to 4%.

The investment is paying off for China. The country is now home to some of the world's most innovative companies -- particularly in fields of mobile technology, biotech and medical devices.

Here are a few examples:

Smartphone maker Xiaomi: Founded just four years ago in Beijing, this company is now valued at more than $10 billion and sells just as many phones in China as Apple (AAPL,Fortune 500). It pumps out an updated operating system once a week. Its founder isfrequently compared to Steve Jobs.

Tech company Tencent: This firm owns a web of mobile, telecom and online retail businesses that rank among the largest in the world. Tencent has a bigger market cap thanCisco (CSCO, Fortune 500) or Hewlett-Packard (HPQ, Fortune 500), more users than Twitter (TWTR) and more sales than Facebook (FB, Fortune 500). Its messaging app, WeChat, has more features than many of its Western competitors and is sweeping markets from Asia to Africa.

Network maker Huawei: The networks built to carry all that smartphone data? Huawei, a telecom equipment supplier, is second globally only to Ericsson (ERIC). Huawei employs more than 70,000 R&D employees. It's a leading proponent of 5G technology, and it is starting to make cell phones, too.

Biotech firm B.G.I.: This company sequences more DNA than any other institution on earth -- more than Harvard, more than the National Institutes of Health. It's an industry leader with nearly limitless ambition.

There are plenty more. The computer chips made by Fuzhou Rockchip Electronics. The desktops and phones made by Lenovo. The business model that led Alibaba to retail domination.

Related: Meet 4 kings of Alibaba's online retail empire


Baidu, Alibaba challenge Chinese banks

"Biden is playing to an outdated idea of China," said Shaun Rein, author of the forthcoming book "The End of Copycat China." "He is underestimating the rise of innovation in China."

Other experts agree. When McKinsey analysts examined China's economic trajectory in 2011, the country's innovation credentials "seemed like yesterday's question."

The McKinsey researchers said they found innovation "every day in areas such as renewable energy, consumer electronics, instant messaging, and mobile gaming, both at domestic players and at multinationals with significant research and product-development presences."

Of course, in absolute terms, China is not going to replace the United States as the world's top innovator anytime soon. And the country must work to overcome related problems, including a lack of intellectual property protections. The government is, in some sectors, still much too controlling.

But Rein sees the current innovation drive as a sea change.

"Chinese companies are now focused on innovation because they recognize there is so much profit to be made," Rein said.

American firms should be on notice. China is dreaming up new ideas everyday. And the country has been perfecting its ability to execute complex production and manufacturing plans for decades.

"By saying this stuff, Biden is not preparing American firms, or really preparing America, for the threat of Chinese innovation," Rein said.

 

[gambit]

Joe Biden is wrong. China does innovate
By Charles Riley @CRrileyCNN May 29, 2014: 7:09 PM ET

Biden is right.

There are two kinds of innovations:

- Frontier
- Catch-up

The cell phone is frontier for the inventor, which is not China. A better design of the cell phone is catch-up innovation.

 

[xunzi]

Biden is right.

There are two kinds of innovations:

- Frontier
- Catch-up

The cell phone is frontier for the inventor, which is not China. A better design of the cell phone is catch-up innovation.

We are only start to wake up after years of sleeping. Give us some time to relax, my American friend. Look at 3D printing and the strive we make in electronic industry. Just 10 years ago, let alone 50 years, we are no where to be found. But today we are everywhere, competing in all areas from low-end to high-end product. We promise you that we will not disappoint the world. This is our promise to our American friend.

 

[Hyperion]

For Mr. Biden. 5 Stages of grief:

1. Denial
2. Anger
3. Bargaining
4. Depression
5. Acceptance.

I guess, he's @ stage 2.

 

[PoKeMon]

Since this is a defence forum, what about the world's very first Anti-Ship Ballistic Missile, the DF-21D?

But does it works?

 

[Hyperion]

Send your CBG, and let's see!

But does it works?

 

[PoKeMon]

Send your CBG, and let's see!

We send "OUR" CBG and let "YOU" see!!

Bematlab mai maja lootne walon, janta maaf nahi karegi.

 

[Hyperion]

Bhej day apna CBG!

We send "OUR" CBG and let "YOU" see!!

Bematlab mai maja lootne walon, janta maaf nahi karegi.

 

[atlssa]

Biden may be right, but the Chinese are not doing anything the Americans haven't done themselves before. There is no reason to openly criticize China this way.