Do you think China is making a big mistake in creating an e-commerce online payment system dominate by Alibaba Jack Ma ?
By wasting a lot of R&D money to create special software to make online payment system popular for Alibaba, China may have unintentional destroy a lot of mom and pop shop who deal with hard currency in their daily business.
Is this a good way to conduct business by forcing mom and pop to go out of business because they did not get subsidise from government to improve their business model, unlike Alibaba Jack Ma who get a lot of tax rebates in the R&D the company spend on software development ?
bushier Post time: 2017-9-13 21:06
Do you think China is making a big mistake in creating an e-commerce online payment system dominate ...
China is a DEVELOPING nation, i. e an underdeveloped country. What does it mean to the world that the Chinese have Alibaba? No Westerner wants to live the way Chinese people live in their houses. Nor do we want to make do with your poor medical services. There is a lot to do before China can start claiming a leader role.
seneca Post time: 2017-9-13 22:43
China is a DEVELOPING nation, i. e an underdeveloped country. What does it mean to the world that ...
No country in their right mind want to emulate China system of government because it will not work.
Western / American social system depend on individual talent to do pioneering work in technology innovation. They have Steve Jobs, Bill Gates, Paul Allen, Steve Wozniak, William Hewlett, David Packard, who dare to risk capital to try out unproven technology.
Does Chinese culture and system of government allow such flourishing of ideas without looking over their shoulders ? If the answer is NO, China will be in very big trouble when they find nothing to copy from the west anymore.
So what will happen to China in the future, if they cannot continue to innovate and create new technological products ? Can such country lead the global institution ?
bushier Post time: 2017-9-15 19:40
No country in their right mind want to emulate China system of government because it will not work ...
You are right, we would be damned if we emulated the Chinese social model. In point of fact it is well nigh impossible to foist the Chinese system of top-down rule over a whole nation. Westerners want individual self-determination. They do not want to be clones. Only a society that allows the individual flourishing and thriving of human talent can pioneer things. China never has been a pioneer.
Look at its "talents": Jack Ma and his ilk are the typical Chinese talent: salesman.