A Quote by Hu Jintao
All foreign companies registered in China are Chinese enterprises. Their innovation, production and business operations in China enjoy the same treatment as Chinese enterprises.
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I think China thinks information technology is less important than we think it is in the US, economically, and more important politically. And so Chinese internet companies are extremely political, they're protected behind the great firewall of China, and investment in Alibaba is good as long as Jack Ma stays in the good graces of the Chinese communist party. Alibaba is largely copying various business models from the US; they have combined some things in interesting new ways, but I think it's fundamentally a business that works because of the political protection you get in China.
If we look at everybody's darling, China, there is an analogue called Taiwan that is inhabited by the Chinese as well. But the standard of living and of innovation of the Taiwanese economy cannot be compared with the Chinese growth rate.
We are firmly convinced that private capital, Chinese as well as foreign, must be given liberal opportunities for broad development in postwar China; for China needs industrial growth.
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.
I've read hundreds of books about China over the decades. I know the Chinese. I've made a lot of money with the Chinese. I understand the Chinese mind.
China also has moved away from its original status of purely producing basic, what you call, consumer commodities and Chinese companies are moving beyond China to various parts of the world.
China need to be fought back on. And what we need to do is go at the things that they are most sensitive and most embarrassing to them; that they're hiding; get that information and put it out in public. Let the Chinese people start to digest how corrupt the Chinese government is; how they steal from the Chinese people; and how they're enriching oligarchs all throughout China.
In China, the government is involved in business in many different ways. They're involved in media and business. When you go to China, you have to rethink how you're doing everything. You have to become Chinese.
Trudeau claims he's wary about Chinese espionage, but also says there's nothing wrong with Chinese state-owned enterprises buying up as much of Canada's resource sector as it likes.
Of other countries, to impose economic sanctions, it'd really begin to dry up the enormous amount of money coming into North Korea, a lot of it from China - from Chinese banks - whereas, if we sanction the Chinese banks, there could be friction with China. But this is something we're going to have to face.
I've been in China enough to know that you shouldn't opine on it unless you speak Chinese and have lived there for twenty years. I wasn't pretending to be a China expert in that final chapter. I was just pointing, first to the parallels between Chinese behavior toward us and ours toward GB when we were at the same stage of development, and secondly to how much harder their development path is than ours was.
If you talk privately to our tech companies, our pharmaceutical companies, our high-end manufacturing companies, the high end of America, where the good-paying jobs are, China is not letting them in unless China gets to steal their intellectual property in a company that`s 51 percent owned by the Chinese.
The far more likely Trump scenario is this: Chinese leaders realize they no longer have a weak leader in the White House; China ceases its unfair trade practices. America's massive trade deficit with China comes peacefully and prosperously back into balance, and both the U.S. and Chinese economies benefit from trade.
There are a lot of Chinese-American designers and Chinese designers who have had an impact a little bit on the American market, but I think it's going to be interesting to watch if, over time, somebody can emerge from China who is based in China, and whether they come and show in Paris, like Rei Kawakubo or Yohji Yamamoto did.
The world looks at China as a big place with a lot of people, a good place to make money. And because so many Chinese families send their kids abroad to study, they are familiar with foreign cultures, so Hollywood films are very successful in China.
India has probably lost its position to China as the world's workshop. At the same time it has the power to be ahead of China when it comes to knowledge. Not that the Chinese are far behind. They will get there. But our challenge is to invest sufficiently in education.
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