Has China surpassed the US? with George Koo.
ฝัง
- เผยแพร่เมื่อ 8 มิ.ย. 2024
- Dr. George Koo compares the US and China in several fields, such as manufacturing, telecommunications, shipbuilding, and infrastructure, in which China has surpassed us. Dr. Koo also suggests what we can do about it. Dr. Koo is a retired international business consultant and a regular contributor to the online Asia Times. He retired from a global advisory services firm where he advised clients on their China strategies and business operations. Educated at MIT, Stevens Institute and Santa Clara University, he is the founder and former managing director of International Strategic Alliances.
About Solar. Yes.
About EV. Yes
About Batteries. Yes
About Windturbines. Yes
About Cellphones. Yes
About Citizens. Yes
About High Speed Rail. Yes
About BRI Roads Rail Bridges Hospitals Schools Yes.
About President. Yes
About Peace. Yes
I choose China ❤
About wars: No! USA is the most ruthless war machine known to mankind!
🙏🙏🙏🙏👏👏👏👏👏
I choose the USA.
In fact, China's shipbuilding capacity is *232X greater* than America's.
This is a learning moment for all Americans. George’s honest no-nonsense talk on US China relations explains why we don’t need one more enemy-China. China is way ahead of us not just in technology but on humanity, caring and taking care of its citizens. Chinese people have the best infrastructure in the world. They have the best IP- huawei phones , 5 G. Why do we want to suppress them? We should learn from them and teach them what we do best.
Very wise & pragmatic commentary, George.
The USA benefited as much, if not more, from US businesses investing in China.
Obviously neocons don’t look at it this way 😂
Certainly some in the US benefited, but as to whether the entire country benefited, only time will tell.
I am a dove for veterans and I got upset today hearing about Biden trying to make more war using economics like putting more tariffs on Chinese electric cars. Why are we pretending that we are not hurting our own citizens here? I think that Biden doesn't understand how money works. This is why I'm working on Cornel West for 2024. He is the only one that makes sense and wants to play well with other countries instead of making war.
Looking at your choices, I would suggest you all consider JFK Jr as your next President! Basically both Biden and Trump had pursued the easier way out by trying to oppose the whole world just to say MAGA! If anyone could achieve greatness just by proclamation, historically the Persian would still control the world!
Talk is cheap and useless. The military cannot resist the benefits of electric vehicles. The power is one, the heat signature is two, and the noise is three. For example, an electric tank is infrared stealth. After all, the tank's engine is a huge heat source and a target. Now, BYD makes cars in Mexico. The Mexican police will soon drive an electric vehicle to catch criminals' supercars. As a result, the drug lords must also drive electric cars. So, only the old pussies want to drive an internal combustion vehicle.
I don’t agree on Cornel West. He’s more opportunist than thinker, and zero experience doing anything other than pontificating.
Such a wise man, Mr George Koo! 👍👏
What a great wise man comments never have I encountered such an informative news by such a great man. Thank you sir George. Both America and China need a great man like you to have a peaceful world.
Don't reach for our number one spot.
Since 2014, this question is a decade too late
Thank you George for your useful info and advice
Copying technology from west is not stealing. We have to copy what others have done well.. it's a fact of life.
Emulate is the more appropriate word as the word "copy" could simply means clone which is not in the case of the Chinese.
True. Every country ever company is copying from others including Americans. Simple fact is that you don’t have another choice when other people developed something better than yours. You should choose to pay when you can, however if you have no way to pay, just copy it.
too bad the Chinese didnt trademark gunpowder or paper! China would be living on an island on royalties!
Its not even copying!! Its not even emulating!!!
People dont like to see it when the West copies! Lies! Cheats! Steals! its called genius!!!
Why reinvent the wheel!!? Oh nooooes the Chinese also eat with their mouths and breathe air!
You don’t need to reinvent the wheel if the most efficient shape is already made, you can however make it better by using materials that’s different than ones already made.
Well the west copy explosives invented by China
I salute you sir.
Everything is spot on to me.
Man youare good.
Difficult to get cooperation when the government is steeped in exceptionalism
It's not just the government.
Definitely in somethings but not soft power outside of China.
george sir your great chinese american.......
He's not American.
Support 👍👏🀄☮️♎
You should contact Andrew Yang ...
No point, AY doesn't claim 2b Chinese but taiwanese!
@@lianghan1307
Chinese-American community should call out Andrew Yang for being a phony .
@@peekaboopeekaboo1165
Sounds more like something a provocateur would do more than someone who’s an advocate for peace.
@@jaydee6268
Yang seems to be a coward... still beholden to the DNC .
Regarding the contest between America and China, IMO, there is barely a context. The Chinese have demonstrated for many years that they are planners and strategists. They have five year plans that force them to think ahead, and also evaluate their prior five year plans, to achieve past goals that need further attention or change.
There are a number of examples of her long term planning. One major objective was to acquire as many sources of rare earth possible. Around 1990, this was a goal, and in 10 years, they owned 80-90% of all known rare earth mines in the world at that point in time.
They created the Belt and Road Initiative (BRI) in 2012, and today around 150 countries in the world participate in the BRI which facilitates global trade.
They have developed the largest Navy in the world and now control the South China Seas (SCS). Despite challenges to their power in the SCS, their large Navy controls the sea lanes in the SCS in order to insure that sea trade is protected. Most of her acquired oil supplies from the Middle East and Russia use the SCS to transport oil to China. Her exported goods going to European nations, Russia, the Middle East, South East Asian nations, Africa, Australia, and New Zealand use the SCS. We should note that their attitude toward the SCS is quite similar to our American attitude toward the Caribbean Sea. With our Monroe Doctrine in 1898, we have protected our front yard and have pushed out foreigners from the Caribbean for our national security.
Regarding the specific issue of Electric Vehicles and battery enhancement, the Chinese company, BYD, is currently the leader in related technology and international sales. One notable issue that is true and not loudly stated is that the company BYD is partially owned by Berkshires Hathaway (BH), Warren Buffet’s holding company. They own more than 20% of BYD. Therefore, if BYD makes money with its global sales, that earnings would reflect in BH’s earnings which would be taxed by the IRS.
Chinese consumers spend billion$ at American companies like MacDonalds, Starbucks, Yum brands (KFC) and many other companies and their profits, presumably are taxed by the IRS. General Motors and Ford Corporation sell more vehicles in China than in the U.S.. Presumably, their profits are also taxed by the IRS.
Today, almost all Christmas decorations, fabricated Christmas trees, and ornaments are designed and made by American (sometimes European) companies and are sold in America and revenue taxed by the IRS.
Not everyone is aware of our dependency on China. Of course, this is a co-dependency.
The Chinese population of 1.6 billion people is a huge business opportunity to American companies that have operations in China. General Motors and Ford Corporation sell more vehicles in China than in the U.S.. Presumably, their profits are also taxed by the IRS.
In 2014, China’s GDP exceeded that of the U.S. when Purchasing Parity Procedures are factored in.
The militaries of both nations are strong compared with the rest of the world, but many factors frustrate both sides and prevents domination by either side. While the U.S. military has many years of war fighting experience, we have not won many wars due to the cost and difficulty of long distance wars. We are also very fortunate to have large oceans east and west of our nation, and neighbors like Canada and Mexico which cannot threaten us.
Also very pertinent, both countries are 4 million square miles which would require 100,000,000 ground troops to conquer and control. Neither side will ever have such a large force to defeat and hold their opposition.
In the November 2023 APEC meeting both sides agreed to open communications between our senior civilian and military leaders, that might prevent WWIII. There was also an agreement to deal with climate control. If these major agreements are effective, Mankind may last another 100 years on this planet. If they are not effective, Mankind will not last more than a few decades.
I hope you like fallout 4 ☢️
Is learning copying?
No TRUTH no peace......
Actually, China graduates nearly 5 million STEM students vs .5 million for the US.
And apparently unemployed.
Thanks for the common sense.
When China was opening up, many overseas Chinese contributed to the rebuilding. There were some G to G projects also, like Suzhou and Tianjin industrial Park. But of course, as typical of businesses, there’s no free lunch for China…but a big kick start with expected returns. One observation made by Deng was if overseas Chinese can succeed, why not mainland Chinese? Today this is happening, and happening tremendously! And typical of the Chinese civilization, there’s no DNA in wanting to dominate, to suppress. You can see that in the many very successful overseas Chinese, especially in. SEA where they control the economy but very low on the radar.
Dr. Koo only point out the obvious. But our mainstream media will never report that.
Why would we
The US as capitalist think of profit for the their individual investments when they outsource. China on the other end think holistic on how the entire country would benefit. This is the pitfall of capitalism over socialism (with Chinese characteristics. US also think incrementally, whereas China is innovative and forward leapfrog looking. US typically has conservative business acumen on thier current funds; China is daring to diversify their business into opportunistic areas with calculated gamble on their current funds.
Wumao nonsense
Wow 👍👍👍👏🏻👏🏻👏🏻🥰
New York subway is a hot mess but that’s ok because the politicians don’t use it 😜
Like XJP uses the subway in the PRC.
Problem is our country fails to understand why the Chinese works and also why this country has failed to face our own problems 😂placing blame’s on others is Not a solution to our problems
But remember we don't consider you one of us.
This is a difficult question
But easily answered
Let's start to measure it with a stick, what stick
Now, let's measure it with a rock 🪨
What?
Better way, let's measure it with wind flow, if it blow East China wins, wind blowing West the US wins
Happy now
The United States is a large country, with good natural resources, a well educated workforce, easily defensible borders, advanced technology, and allies in Europe and elsewhere. Peace with China would be a major change from our present course. But America has adjusted to huge world changes before, and with an open mind, we can do it again. The key, however, is an open mind. That means taking the time to understand China from its own point of view. China has been around for five thousand years, and has never attempted to dominate the planet the way the US and the West have in the past few centuries, not even in ancient times when China developed gunpowder four hundred years before anyone else and had a monopoly on gunpowder for four centuries. China has always understood the natural limits of power, and has survived for five thousand years precisely because of its ancient strategy of securing its own borders and then trading with the rest of the world via the ancient silk roads. Today's China is following exactly the same strategy with today's Belt & Road Initiative. If we understand that, we then understand that China isn't seeking conflict with us, and that we can trade with China and the rest of the world on an equal basis. US companies that have been trading with China have in fact done quite well, and as the Chinese leadership consistently says, the best way forward for the entire world is win-win, exactly as it did in ancient times with trading on the old silk roads. Anything else leads to great power competition, war, and ultimately humanity's own self destruction through either nuclear war or climate change, or both. Peace, equality between all nations, and mutual win-win is the only way for humanity as a whole to survive. We can't be too egoistic or self centered, nor too insecure and lacking in self confidence. It's not just about America, it's about literally life or death for our entire species, and the earth.
Excellent interpretation of China’s geopolitical thoughts! The five thousand years of history influenced the modern day’s strategy and policy for governance of China’s great country and 1.4 billion people! Long live China!!!
We🇺🇲 will absolutely never I mean never accept number two.
I mean never.
@@TacticalMayo you will be disappointed! Cooperation and mutual benefits are the only way to achieve world peace! Get use to it
@@TacticalMayo Will we accept WW3? Nuclear war? The end of the world? Or a multipolar world in which no single nation, not us, not China, not Russia, dominates, and we all have to live together and get along together? Are we that opposed to equality between nations?
@@TacticalMayoIn a world where we all have to cooperate to survive climate change, prevent nuclear war, and trade with each other for mutual prosperity, who cares who's number one or not? We Americans shouldn't get so hung up in our little ego trips. Equality between nations is just fine for everyone.
Basically, the West does not seem to understand as to why the Chinese people prefer and accept the current leadership; as Kishore explained that the Chinese had their best of time thus far. How could anyone tell the Chinese people that the so-called democracies could give them better way of life. This might be true in the last quarter of the last century but today!!?? When many of the leading Western economies are walking literally into an abyss created by them, they still wanted China to follow them! Given the uneven achievements of the people across all the societies, the bottom half of the population will be unable to compete if it is an open competition. And if half of the population is practically forced into such scenario, there will be chaos , sooner or later and the society will have to undergo another drastic change! Hence, by ensuring the bottom half of the population is guaranteed a living space, the society will be less stressful hence permit continuous development and this is what the present Chinese government is aiming at. Just look at their attempt to turn their desert into a productive real estate! The world, especially the developing economies have plenty to learn from them.
And our answer in the United States is we don't give a f***
This is a response to your request to comment on the negative reactions you received on your various critiques on the American policies on China:
Best intention notwithstanding, your critiques may well be misconstrued or taken negatively. There are more than one reasons for these reactions. The one I wish to highlight is their lack of recognition and empathy for the quandary faced by our government (both Democrat and Republican) on how to deal with China. Cooperation/collaboration economically with China will surely lead to USA becoming a second class citizen the world arena. With our high household consumption rate and hence the attendant high wages and high production costs; there is no way for American products to compete except for the few exclusively American sectors. The current high tariffs and other suppression measures only slow down the deterioration until the debt service exceeds the historical threshold (possibly the percentage of GDP for defense spending) for rapid decline. The dilemma of any ruling party lies in the true solution (of significant consumption-rate reduction to a level) that is unacceptable to average Americans, (ourselves included). Advocating peaceful and collaborative relation without calling attention this dilemma may strike holders of this view as being disingenuous.
Cooperation/collaboration economically with China does not necessarily mean the USA will become a second class citizen in the world arena. USA is endowed with many resources that most countries would die for: sufficiency in energy and food for starters, and located in a safe neighborhood of the world. The USA will do very well as long as it recognizes its own problems and try to solve them, instead of blaming China or anyone else for them.
The key here is to recognize that the relationship between the USA and the world, including China, does not have to be a zero-sum game. Instead, both the USA and China will gain through economic cooperation/collaboration.
An example for a healthy win-win international relations is that between the ASEAN countries in Southeast Asia and China. Instead of impoverishing the ASEAN countries by forcing them into debt traps, the ASEAN countries have prospered along with China through mutually beneficial trade and long term Chinese investments in the ASEAN countries. Contrast that with the relationship between the USA and South and Central American countries. The USA views these countries not as equal partners, but merely as instruments for enriching the USA. That is why the South and Central American countries are still very poor and the USA is inundated with illegal immigrants from these countries.
The United States is a large country, with good natural resources, a well educated workforce, easily defensible borders, advanced technology, and allies in Europe and elsewhere. Yes, it would be a major adjustment. But America has adjusted to huge world changes before, and with an open mind, we can do it again. The key, however, is an open mind. That means taking the time to understand China from its own point of view. China has been around for five thousand years, and has never attempted to dominate the planet the way the US and the West have in the past few centuries, not even in ancient times when China developed gunpowder four hundred years before anyone else and had a monopoly on gunpowder for four centuries. China has always understood the natural limits of power, and has survived for five thousand years precisely because of its ancient strategy of securing its own borders and then trading with the rest of the world via the ancient silk roads. Today's China is following exactly the same strategy with today's Belt & Road Initiative. If we understand that, we then understand that China isn't seeking conflict with us, and that we can trade with China and the rest of the world on an equal basis. US companies that have been trading with China have in fact done quite well, and as the Chinese leadership consistently says, the best way forward for the entire world is win-win, exactly as it did in ancient times with trading on the old silk roads. Anything else leads to great power competition, war, and ultimately humanity's own self destruction through either nuclear war or climate change, or both. Peace, equality between all nations, and mutual win-win is the only way for humanity as a whole to survive. We can't be too egoistic or self centered, nor too insecure and lacking in self confidence. It's not just about America, it's about literally life or death for our entire species, and the earth.
@@jameshsue7249 the United States will absolutely not coexist in a world where we are not number one.
It's not an option, ever.
A d
The certitude of dollar as the world’s reserve currency has enabled the U.S. to print unlimited amount money - via issuance of debts - to finance its insatiable appetite for consumption. It equally empowers the American businesses to augment the exploit of capital. That is because effectively to the United States, the cost of capital and labour of other producing countries is no more than the cost of printing of the greenbacks. That indeed is a massive comparative advantage the United States possesses over the rest of the world. It is a privilege to be treasured instead of being abused - as Washington did.
Conspicuously, this massive advantage (in the United States’ favour) has prompted Washington to believe that a whole new economy can be created by just indulging in consumption rather than production. To be sure, that is indeed plausible as long as the demand for dollar as the primary currency for international trade remains intact. Over the decades, the dollar has accounted for over half of the reserves held by central banks all over the world. That is still true today even when the United States has terminated the convertibility of the dollar to gold in 1971, and dollar becomes a “fiat money” so to speak.
Armed with the unfettered power, the United States has been indiscriminately printing money - via the issuance of debts - to finance its profligacy for wars and insatiable appetite for consumption. That is very well and good, if the United States has judiciously exercised its new found power in the fiat dollar. But alas, that was not to be!
But like drugs, the hegemony of the dollar is addictive, albeit a double-edged sword with unpleasant effects coming home to roost.
The record shows that Washington had been abusing and leveraging on the dollar hegemony as club to beat the hell out of the other nations - imposing sanctions, seizing their dollars assets, and denying them the use of SWIFT payment system. Such belligerent behaviour has exacerbated the global resentment towards Washington’s tyranny and unreasonableness.
There’s no evidence to suggest that a dysfunctional Washington could wake up to reality. But as such behaviour persists unabated, rest be assured the dollar’s role in international settlements will steadily decline.
If the PRC knew anything about humility SE Asia would be much safer than it is.
Hegemony or nothing. First time in America...?
Name one modern chinese invention....
The electric cigarette 🤣
I haven't heard of Dr Koo before or know anything about his background or specialties but he describes the world of technology and in particular China's place in the world very differently than how I view the supposedly same world.
Dr Koo starts by describing Huawei as the first and perhaps main Chinese tech company sanctioned by the US. That in many ways is true but Dr Koo doesn't discuss at all what makes Huawei the target and reasons for sanctions. It should be pointed out that the US is generally very generous in sharing technology with all nations and scientists wherever they are across the globe, but in all those cases the nation hasn't in effect declared military, technical and economic war on the US. From the year China began its opening to the world in 1979, the US has been gracious and helpful assisting China's enormous leap out of 3rd world agrarian poverty to eventually becoming the global #2 economy as measured by GDP. The US even gifted China a frigate powered by one of the most advanced technologies of the time in the mid 1990's which is still sailing as a PLAN warship today (IIRC is the first of the Type 92). Although China never fully adopted capitalism, enough was done that the US was mostly willing to overlook transgressions until about 2007 when some CCP leaders started looking for ways for China to regain its status as an empire. Xi ran on that platform to restore Chinese imperialism regaining lost past glory and territory across Asia and in 2012 won the election and has led China ever since to in his own words "Build a Chinese military that can confront and overcome the US military" that stands in the way of China's autocratic desires to reintegrate Taiwan to settle Chinese sovereignty once and for all, regain island territories from the South China Sea to the Sea of Japan and to resolve border disputes in the Himalayas.
The US has no objections and even facilitates transfers of US technology to countries that align themselves and ally with the US. Many countries build up their own navies, armies and air forces and participate with the US in exercises to further their expertise. But none of them behave like China, swearing to one day destroy the US to collapse the World Order that stands in the way of the CCP simply taking what it wants from others to settle old scores that happened more than 200 years ago..
Dr Koo also doesn't describe what about Huawei attracts the ire of the US..
It's not just that Huawei may be stealing technology. It's also because unlike the West that draws a line between private enterprises and public government, China blurs the line to where it's indistinguishable. Huawei enjoys status and favors in China directly from the CCP no other "private" company anywhere in the world enjoys. This also means that there are no silos and boundaries to access to data in China,, particularly regarding Huawei. It must be assumed that anything and everything Huawei touches is immediately available to the CCP and and every other entity the CCP has an interest in, and that includes across different industrial sectors, the government itself, educational institutions and numerous other entities.
It's important that the Western audience understand that China's society, government and even economy is not like what the audience knows and has experienced. The personal experiences of Westerners and their understanding of government and businesses doesn't necessarily apply to how things work in China. Any China discussion should start with understanding how things work in China before talking about Chinese companies, businesses, technology and so on.
You have a very biased interpretation of China and Xi Jinping. I interpret things very differently.
The only thing I'll agree with you on is that China intends to replace the current unipolar "rules-based international order" that terrorizes the world with a new multipolar order. The rules in this rules-based order are created by the Americans, NOT by the UN and NOT by international consensus.
This rules-based order is one that legitimizes the many illegal wars the USA has fought in the past half century. ("Illegal" means without UN consent.)
This rules-based order is one that legitimizes the many illegal sanctions against other countries (some 40 of them). The USA has weaponized the US Dollar.
@tonysu8860 makes sweeping statements about the relationship between Huawei and CCP with no independent factual verification that I can see but are mere regurgitation of the bile Washington has been throwing at Huawei over the years. As a privately held company, we do not know a lot about Huawei, but we do have some factual information about the company. They pay top dollar and sometimes more than top dollar for talent around the world. They clearly believes brain power counts. Whatever they may have copied from western competitors, the company is now technologically so far more advanced than any one else in the world, they have no one to steal from. Any fair minded person should be willing to give credit to Huawei's innovation, ingenuity, resilience and determination.
The responder also seems to suggest that China is nothing like the West. He is absolutely correct. China's culture and civilization drew from 5000 years of history and have never felt the need to invade and occupy others but favored friendly trade and getting along. I believe today's world is beginning to see that "rule based international order" as defined by Uncle Sam may not be good for anyone else other than the USA.
Huawei's 5G telecommunication technology quickly surpassed anything the west has. So you cannot accuse Huawei of stealing from others that do not have the knowhow that can be stolen. The company has paid premium compensation to attract the best talents from around the world and that's one reason for their success.
If you are suggesting that China is unlike the West, you are correct. China's culture and civilization is based on 5000 years of history. During their evolution, they do not invade and colonize other people but find ways to get along and establish friendly relations. China also do not insist on defining the "rule based international order" but tries to work within the framework of the United Nations.
tonysu8860 talks the typical US propaganda line. The US sure hasn't shared much advanced technology with most of the Third World, which is why many of those countries still don't have it. US and other companies wanted access to China's huge market, so China made a deal; share the technology in exchange for access. It was a fair trade, and the companies that made the very open deals profited immensely; it was win-win for both sides. But then Obama decided that China was becoming too successful and might even catch up to and surpass the United States, so he declared a "Pivot to Asia," sent 60% of our naval forces there, build up our military bases around China, and developed a strategy to "contain" China's peaceful economic rise. All US presidents after Obama continued to escalate military preparations and muscling nations around China (Japan, South Korea, Australia, the Philippines, the island of Taiwan, etc.) to form military alliances against China and prepare for war. China responded by becoming alarmed and building up its own defenses as nations around it built up their forces. The US thus intentionally triggered a dangerous arms race in Asia. The US is also funding and driving an intense propaganda war against China including fake news, color revolutions, the whole works. tonysu8860 says, "The US even gifted China a frigate powered by one of the most advanced technologies of the time in the mid 1990's which is still sailing as a PLAN warship today (IIRC is the first of the Type 92)." But a Google search turns up no mention of this. The US subsidizes its "defense" industries, producing a US military larger than the next ten countries combined, including Russia and China. China's military is small by comparison, but that's because China only needs to defend its own borders, not practice gunboat diplomacy all around the world. As to understanding "how things work in China," George Koo has done business in China for decades and knows China's inner workings far better than tonysu8860 apparently does.
@@michaelw7867 Yes, tonysu8860 is totally bullshitting us.
Nothing he said is true. They're all either misinterpretations or outright fabrications.