Article also notes that: "... some high-tech China exports are indeed fully Chinese, notably those of Huawei,
I can assure you that the "fully Chinese" Huawei in fact employs a great number of Westerners, located in the West, to handle the high-end R&D work. What "fully Chinese" seems to imply here is that they are incorporated in China and the top-level management and manufacturing is Chinese. I can also assure that Huawei is a firmly second-rate company that produces second-rate technology and second-rate products.
Billy T's link said:
while once powerful North American competitors such Lucent-Alcatel and Nortel have fallen into steep decline or even bankruptcy.
And meanwhile, other North American competitors such as Qualcomm, Broadcomm, Apple, etc. are flourishing. This article looks like so much more of the one-sided, half-truth material written to cater to the China obsession in the West. The fact that if you ignore all of the problems in China and ignore all of the successes in the West, that China looks great, is just that.
And this is moreover, exactly what we'd expect from Ron Unz's American Conservative - this is a dedicated paleoconservative politician you are quoting here. He is looking to use China as a bogeyman to make hay for his pre-existing political agenda - and not pursuing objective, unbiased economic analysis. It is unsurprising that this would appeal to you, of course, since you seem to be on the same ideological page as Unz. But the fact remains that this is just so much of him telling you what the both of you want to hear, as a propaganda effort to bolster his own politics. Read his article if you like, but it is dishonest of you to present it as unbiased, factual analysis and not as politicized output. This article is the equivalent of quoting Ron Paul or Newt Gingrich - which you'd presumably know if you'd bothered to google the guy and his mouthpiece publication that you are quoting from.
Billy T's link said:
And although America originally pioneered the Human Genome Project, the Beijing Genomics Institute (BGI) today probably stands as the world leader in that enormously important emerging scientific field.
Not to shit on the BGI, which does lots of good work, but this again misrepresents the actual state of things in genomics.
The article´s claim that China is leading the world in this important new scientific field has lots of support.
Not in the article, it doesn't. That article literally does not say anything about genomics other than the single sentence that you quoted.
Also, you are lapsing into bad quoting style again, mixing quotes and comments without strong delineation.
Meanwhile, here is an article by
Minxin Pei, a leading expert on Chinese governance and development:
http://www.foreignpolicy.com/articles/2012/08/29/everything_you_think_you_know_about_china_is_wrong
The latest news from Beijing is indicative of Chinese weakness: a persistent slowdown of economic growth, a glut of unsold goods, rising bad bank loans, a bursting real estate bubble, and a vicious power struggle at the top, coupled with unending political scandals. Many factors that have powered China's rise, such as the demographic dividend, disregard for the environment, supercheap labor, and virtually unlimited access to external markets, are either receding or disappearing.
[...]
The disconnect between the brewing troubles in China and the seemingly unshakable perception of Chinese strength persists even though the U.S. media accurately cover China, in particular the country's inner fragilities. One explanation for this disconnect is that elites and ordinary Americans remain poorly informed about China and the nature of its economic challenges in the coming decades. The current economic slowdown in Beijing is neither cyclical nor the result of weak external demand for Chinese goods. China's economic ills are far more deeply rooted: an overbearing state squandering capital and squeezing out the private sector, systemic inefficiency and lack of innovation, a rapacious ruling elite interested solely in self-enrichment and the perpetuation of its privileges, a woefully underdeveloped financial sector, and mounting ecological and demographic pressures. Yet even for those who follow China, the prevailing wisdom is that though China has entered a rough patch, its fundamentals remain strong.
[...]
It is of course premature to completely write off the Communist Party's capacity for adaptation and renewal. China could come roaring back in a few years, and the United States should not ignore this possibility. But the party's demise can't be ruled out, and the current signs of trouble in China have provided invaluable clues to such a highly probable seismic shift.
Similarly, here is Patrick Chovanec, a leading analyst of Chinese economics (and professor at Tsinghua University's School of Economics and Management, the premier economics institution in China):
http://chovanec.wordpress.com/
1) China’s economy is not just slowing, it is entering a serious correction. The investment bubble that has been driving Chinese growth has popped, and there are no quick “stimulus” fixes left. There is the very real possibility of some form of financial crisis in China before year’s end.
2) China is in the midst of a once-in-a-decade leadership transition that has not been going smoothly. The transition will take place, but it has paralyzed the Chinese leadership’s ability to respond to the country’s growing economic troubles. China’s leaders believe time is on their side; they do not “get” how serious and urgent the situation is, and that what has always “worked” is no longer working.
3) China’s economic problems spell trouble for the U.S. on several fronts.
First, China is flirting with devaluing its currency to boost exports—a move that will put it in direct conflict with Mitt Romney’s commitments on this issue.
Second, China is already dumping excess capacity in steel and other products onto the export market, a tactic that is likely to inflame trade tensions and reinforce imbalances in the global economy.
Third, in a worst case scenario, China may be tempted to provoke a conflict in the South China Sea to redirect popular discontent onto an external enemy.
My advice is not really partisan in nature. The points I outline are equally relevant for any other candidate, Republican or Democrat, to take into account. Nor are they meant to inflame China-bashing rhetoric. In fact, they reveal that fears of an unstoppable Chinese juggernaut are misplaced or outdated. What we really should be worried about is a China that is stumbling badly and doesn’t know what to do next.