A Quote by Tulsi Tanti
Chinese companies may well be competitive on their domestic market, but it will be another 6 to 8 years before they become serious competitors internationally. We should not be afraid of China, but should learn from them instead.
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The Chinese government still would like to see U.S. Internet companies explore the Chinese market, providing they are willing to abide by Chinese law. I think companies like Facebook should think about the Chinese market.
When you discuss your steel industry with China you are credible because you are part of the E.U., not because you are just U.K. You will be completely killed otherwise. You will never be in the situation to negotiate face to face with the Chinese because your domestic market is not relevant for the Chinese in comparison with their domestic market.
The Chinese government supports Chinese companies in going global. But we believe that this process should be market-oriented, with companies being the main driver.
The experience curve says that your costs should probably decline by 15% or 20% with every doubling in your experience making a product, approximately how many of them you turn out. It also says that if you have the biggest market share, meaning the most experience of anybody in your competitive set, you should have the lowest costs, and the resultant capability to underprice your competitors, maybe forever. The abiding lesson of the experience curve is that companies need to discipline themselves to keep reducing their costs, year in, year out, if they are to remain competitive.
You may be right in believing that if you study hard, one day you might become fluent in English. But you will still look Chinese, and when people meet you, they’ll see a Chinese girl no matter how well you speak English. You’ll always be expected to know Chinese, and if you don’t, I’m afraid they will not respect you as much.
You cannot just depend on the market, because the market will say: China needs oil; China needs coal; China needs whatever, and Africa has got all these things in abundance. And we go there and get them, and the more we develop the Chinese economy, the larger the manufacturing is, the more we need global markets - sell it to the Africans which indeed might very well destroy whatever infant industries are trying to develop on the continent. That is what the market would do.
I've often said that the desire to lecture China on how it should behave in the world is wrong. China was around for thousands of years even before America existed. It could even be that China's growing power will allow itself to be slowed down. But as long as this immense empire doesn't fall apart, it will become an important factor in global politics.
In America, when you bring an idea to market, you usually have several months before competition pops up, allowing you to capture significant market share. In China, you can have hundreds of competitors within the first hours of going live. Ideas are not important in China - execution is.
India has the unique advantages of having the biggest domestic market and this should support IT companies.
Should you encounter the enemy, he will be defeated! No quarter will be given! Prisoners will not be taken! Whoever falls into your hands is forfeited. Just as a thousand years ago the Huns under their King Attila made a name for themselves, one that even today makes them seem mighty in history and legend, may the name German be affirmed by you in such a way in China that no Chinese will ever again dare to look cross-eyed at a German.
If there's any country that has the capacity not to control North Korea, but to influence North Korea, it's still China. The Chinese always say they have very little influence. They have more than they say they do. We should put pressure on them to do it and there's finally, we're seeing the first signs of a little bit of Chinese disaffection. At some point they're getting tired of the antics of this country. This is a dangerous ally for China to have. And the more Chinese can pressure them and put the economic screws on them, the better it will be for everybody.
China has national security laws that compel Chinese companies to provide the government with information and access at their government's request. And virtually all Chinese companies of any size are required to have Communist Party 'cells' inside them, to make sure the companies stay in line with the party's principles and policies.
One thing we haven't mentioned is something everyone should understand very clearly. Look at the budget that was invested in 'Avatar': who in China has that kind of money to spend on making a movie? So we as Chinese filmmakers should work together to make Chinese movies that can compete as best we can for Chinese audiences, not make lousy movies, but make the best we can for that audience. Concentrate the money, the talent we have on making good movies [for China].
The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.
Chinese companies - telecommunications and technology companies - are some of the best internationally. Taobao, WeChat, Huawei - not only are they large companies, but they're also very technologically advanced.
'Green' cannot be allowed to become an excuse for stealth taxes. And nor should 'green taxes' be about punishment. Instead, they should represent a switch of emphasis. So if domestic flights are taxed, it should be on the absolute condition that the money is ploughed into improving the alternatives, such as trains.
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