Eclipsing the West? China's tech titans and the new global power shift
LSE School of Public Policy
6,672 views
The rise of Asia is reshaping the global economy, challenging long-held assumptions about where economic and technological power resides. What do the emergence of these superstates and the rapid growth of China’s technology sector mean for innovation, trade and the future international order?
Join Vince Cable and Rebecca Fannin for a discussion of the themes explored in their books Eclipsing the West and The New Tech Titans of China. Drawing on decades of experience in economics, policymaking, journalism and technology analysis, they will examine how China and India are transforming the global balance of power and what this means for businesses, governments and societies around the world.
The conversation will explore China’s growing technological ambitions, from AI and advanced manufacturing to digital platforms and innovation ecosystems, alongside India’s rise as a major economic force along with India as a fast-emerging contender. The speakers will consider the opportunities and risks created by these shifts to Asia, including implications for global trade, investment, regulation, climate policy and geopolitical competition.
Speakers:
Vince Cable
Rebecca Fannin
Chair:
Dr Ali Cirone
Event details:
https://www.lse.ac.uk/school-of-publi...
To turn on captions, go to the bottom-right of the video player and click the captions icon. Please note that this feature uses Automatic Speech Recognition (ASR) technology (machine-generated transcription) and is not 100% accurate.
Sign up for news about upcoming events at the LSE School of Public Policy:
https://lb.benchmarkemail.com/listbui...
6 Comments
Half of the economy is state-owned enterprises and cooperatives.
The other half is a highly regulated market that strictly prevents monopolies.
The majority of capital is controlled by the state through state-owned banks.
The minimum wage rises every year. And China's minimum wage is now higher than Mexico.😂.
China is a market socialism
Eclipsing the West? China's tech titans and the new global power shift
LSE School of Public Policy
6,672 views
The rise of Asia is reshaping the global economy, challenging long-held assumptions about where economic and technological power resides. What do the emergence of these superstates and the rapid growth of China’s technology sector mean for innovation, trade and the future international order?
Join Vince Cable and Rebecca Fannin for a discussion of the themes explored in their books Eclipsing the West and The New Tech Titans of China. Drawing on decades of experience in economics, policymaking, journalism and technology analysis, they will examine how China and India are transforming the global balance of power and what this means for businesses, governments and societies around the world.
The conversation will explore China’s growing technological ambitions, from AI and advanced manufacturing to digital platforms and innovation ecosystems, alongside India’s rise as a major economic force along with India as a fast-emerging contender. The speakers will consider the opportunities and risks created by these shifts to Asia, including implications for global trade, investment, regulation, climate policy and geopolitical competition.
Speakers:
Vince Cable
Rebecca Fannin
Chair:
Dr Ali Cirone
Event details:
https://www.lse.ac.uk/school-of-publi...
To turn on captions, go to the bottom-right of the video player and click the captions icon. Please note that this feature uses Automatic Speech Recognition (ASR) technology (machine-generated transcription) and is not 100% accurate.
Sign up for news about upcoming events at the LSE School of Public Policy:
https://lb.benchmarkemail.com/listbui...
There will be no stopping 1.4 billion educated, hardworking and ambitious people who has been doing engineering at scale for last 2000 years from walls to only 14 years to build the Forbidden City.
And India will too rise because of ego, every Indian government will need to show is trying to catch up with China, which is getting harder by the year.